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

To: GROUND ZERO™ who wrote (12703)	1/6/1998 7:10:00 AM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

GZ, Looks more like another pause to me. Just never forget the market LOVES bad economic news... or at least it seems to have in the past. Still, those new lows figures argue for temporarily lower prices in the weeks ahead. More stuff: amcity.com I think it was Michael Metz of Oppenheimer who originally broke this SEA thing back in late summer... he thought it was all over for the Japanese. What his thesis is, IMHO, is that the Japanese take out loans and buy bonds... making the difference between the Japenese interest rate which is paltry and the US rates which are relatively high. Now when you have a currency and or interest rate crunch, you have a terrible impact on all those leveraged loans and he was expecting even MORE trouble, much much much more trouble than there has been thus far with Japan. Read the link and pretend it IS true... gives me the Willies! Bill