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Strategies & Market Trends : Waiting for the big Kahuna

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To: Kip518 who wrote (35645)12/24/1998 11:50:00 AM
From: Tom M  Read Replies (1) of 94695
 
And what will help that happen is historic high margin use ( what me LTCM worry? ), the negative savings rate, and business and personal bankruptcies due to overuse of credit (avg household has 11 cards). People are going into debt to spend their margined paper capital gains on companies with no or decreasing earnings.

happy holidays!
Tom
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