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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (42552)8/1/1999 11:17:00 AM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
the 80-year-old Social Democrat

Key words. Sounds like he is trying to talk the dollar down and the euro up. Not that I don't agree with his analysis.

What I do not agree with is this. The working poor(in many cases) is participating in the boom via 401k's. Now if there is a bust then his statement will come true because they will be the ones who lose big time. What would be nice would be to see them pull their money to cash and leave the big boys holding the bag. <g>

creating an underclass of the working poor.