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


To: Investor2 who wrote (9593)11/12/1997 9:23:00 PM
From: Tommaso  Respond to of 94695
 
Thanks for the link, but I hope not to seem like a carrion crow perched waiting for the hyenas to get through.

I think it is a terrible shame that all these economies are being disrupted from overexpansion, but maybe the wisdom of economists and central bankers can help sort it out.

American stock values have got to be deflated, and that is the only market I am betting against. I am afraid that this "market" includes those of my friends and even relatives whom I have not been able to persuade to get out. I even have a sister who last time I checked had an IRA totally in Templeton Emerging Markets and I told her to put it into treasury strips. Haven't checked to see if she did it.

One can say, with Louis Rukeyser (who has plenty of it) "it's only money." But if you are faced with paying $100,000 to send a child to the school the child really wants to go to, either you have got it or you don't.