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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (28669)3/29/1999 10:59:00 AM
From: Matt Peters  Read Replies (2) of 86076
 
I am genuinely sadden by this equity "train wreck" waiting to happen. As one who has worked for a Japanese Bank (actually a Credit Cooperative - Fukushimaken Commerce & Industrial Credit Cooperative in Koriyama, Japan) from 1993-95, I have seen first hand the suffering and immense damage resulting from a collapse in an equity bubble. It's not pretty.

BTW, don't fall for the argument that it's different this time, or that , our situation is completely different from Japan in 1989…it's close enough for extreme caution. I guess time will tell.

Also, John Pitera's predication of a top at April 6 appears to be "spot on", at least it's compatible with my "tea leaves"…

Warm Regards,

Matt P.
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