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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 (21853)	7/19/1998 12:18:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 94695

Bill I think we have the real possibility for a 30-50% sell-off. The trade deficit and depression in Asia will force us to devalue our dollar to enable American Corps to stay profitable and competitive. Look at the semiconductor industry. This is a leading edge industry and has show the market on the way up and is showing it the way down also. Look at high flyers like Iomega, and the DD's who are all losing money. Deflationery lack of pricing power. It's just a matter of time until this massive easy credit and ballooning trade deficit throws us into a recession. Then people won't want to be paying the Market cap of the Singapore stock market for 6 internet stocks, they will just want to be paying the rent. Tulipmania Bill, won't be pretty! bwdik, bb