Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: William H Huebl who wrote (14634)	3/4/1998 8:49:00 PM
From: RWS	Read Replies (2) \| Respond to of 94695

I bought a few SPX Mar 1030 puts just before the close today to hedge my small/micro cap portfolio. Trying to keep my fear under control. Whew! BTW it seemed the discussion on bankruptcy focused more on the individuals abusing credit than on the systematic drive by the financial powers to increase overall credit and to sell it to the public in thousands of ways. Memories of financial and economic crises are fading in the face of the massive media hyped campaign of consumerism financed by the banks, etc. To these financial institutions the future is no farther than the end of the quarter. I think the Asian crisis will be dwarfed by what will happen here when an economic downturn makes it impossible for borrowers to pay up. RWS