Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (30284)	10/5/1998 10:05:00 AM
From: James F. Hopkins	Read Replies (1) of 94695

HI Monty; I think you did right, the rally didn't last long, and the longer term out look is not to hot. I've been disturbed by the derivatives market ever since 1994, the picture is becoming more clear. The way the Wall Street lobby killed any over sight into it, and arrogantly hid it from the public eye, while they devised more and more ways to scalp the market had to eventually come to and end. The transferring of huge paper assets around, out of sight swaps, and capturing interest rate spreads does nothing to help the world economy. ------------- There is no real wealth but the labor of man. Were the mountains of gold and the valleys of silver, the world would not be one grain of corn the richer; nor one comfort would be added to the human race. :Percy Bysshe Shelly (1792 - 1822, English writer ) --------------------- I do not think the Great Architect of the universe meant for a few people to live in some sort of obscene luxury at the expense of the other 98% of the people. Something is going to give before much longer. Jim

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