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Post# of 704041
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Ace Hanlon

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Ace Hanlon

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Re: Zeev Hed post# 164609

Friday, 10/24/2003 10:22:51 AM

Friday, October 24, 2003 10:22:51 AM

Post# of 704041
Zeev:

Fleckenstein has suggested that at some point we will have a crash like event to prevent all those playing what they know to be a grossly overvalued market via stops from getting out in time.

I note that the Nikkei just fell over 8% in 3 days like a bolt out of the blue. I would be amazed if something similar does not happen here before long.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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