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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 (64084)5/28/2003 3:20:26 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Bill, IF Mr. Market takes care of the financial mess created by banks and the Fed, I don't expect anybody to win big time, except for the few gold bugs who took possession of their gold and stock certificates. Basically, one may not be able to recover $ from the savings account in the bank, while $ in your pocket will devalue dramatically. Rather, not IF, but WHEN.
Of course ,the Fed will do anything in its power to postpone and prolong the post-bubble agony.



To: William H Huebl who wrote (64084)5/28/2003 4:11:29 PM
From: Terry Whitman  Read Replies (2) | Respond to of 94695
 
You have learned better than I as for biting your tongue. <g>

OTOH- It doesn't matter if you or I or any other individual thinks that the excesses have yet to be wrung out. It only matters what Mr. Market thinks. Cause he's never wrong. Misguided at times, perhaps, but never wrong..

I do think we'll see a summer swoon at some point- but not yet, and nowhere near new lows. Heck, the start of summer's still over 3 weeks away anyhow. <g>

Da bears are fighting the Fed, the congress, the presidential cycle, the industrial-military complex, AND Mr. Market at the present. A little too much to handle if you ask me. BWTHDIK..