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


To: William H Huebl who wrote (51100)4/16/2001 7:54:48 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi Bill,

No one should be betting the farm in the first place, that is a stupid and foolish mistake made by speculators and amateurs..... I wouldn't call them gutless, I would say they may have been a bit greedy and impatient, but I don't think we'll see that kind of speculation again in these markets any time soon... but when we do, you can be sure another top would be forming... any pull back here is a buying opportunity.....<g> (famous last words)

GZ



To: William H Huebl who wrote (51100)4/16/2001 8:57:44 AM
From: Tom M  Read Replies (1) | Respond to of 94695
 
Bill <There are people out there who have lost 25%, 50% even 70% of their portfolio values who just may not be as sanguine as you about betting the farm AGAIN!!!> Maybe the money will come from Japan's investors. But then again, looks like their J6P's remaining share equity is about to take another hit:

<[Japan's] Banks will have to unload massive amounts of shares to comply with the Government's emergency economic package which proposes banks reduce portfolios to the level of equity capital>

Message 15666608

Wonder what would happen if our banks had to do that in relation to derivative exposure...