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

To: tekgk who wrote (7832)	10/27/1997 4:53:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 94695

I don't know. It would look bad for the US to bail out the Japanese banking system on the eve of trade talks with China. We have a disaster waiting to happen.

To: tekgk who wrote (7832)	10/27/1997 5:51:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 94695

I should congratulate this thread for rightly predicting a fall which I never thought would happen a break of 7600- the credit must be given where it is due and with all my differences I should thank Hiam gtk Bonnie and others to create stories and instill fear in absence of which the blow today would be have been much harder for me personally- However, now starts the real battle for trough- will bears able to maintain it or it will be easily lost the way it has been won - this one day slide or tomorrow forecasted debacle may really not materialise for me fundamentals have even become better. Realistically they may tomorrow start this slide to 6800- but if it stays above 7000 the covering raly would be equally strong. Although a battle has decisively been won today by bears but war remains to be decided and I remain perfectly entrenched and will be out of my protection tomorrow noon maximum- but thank you guys for maintaining a counter point- although bruised I am alright the portfoilo is down 7% but protection is helping me by 4.2% and below 870 will be dicey when to get out of 870's? I intend to leave portfolio unhedged if DOW touches 6800 and take my chances if DOW takes out 7200 on the up..I will sell my 970's.