Forum Archive Index - May 2000

["craig & celyn bird" <cbird@paradise.net.nz>]

Oliver-On a similar note, I would like to see the U.S mrkt crash good and proper.Had a discussion recently with someone (my mother in law of all people)about why the Fed should just get on with popping the bubble and not letting out little pieces of air from the side vent.Is a crash worse(a lot stand to lose heaps-is this political also)or is a series of slides better where people can lose money gradually and in increments.Is everyone making $ in todays mrkt?I hate the current cautious behaviour of NZSE/ASX  but that is the nature of our economic cycle right now,good to see some consistent correction last few days.A controlled slide could allow  Govt to choose the level of equilibrium but a mrkt will do that anyway should an overcorrection occur.Smart people will have decreased exposure to 'danger' stocks, so if they've hedged already, go on- POP IT.Oh but the tycoons will lose billions -wouldn't that be nice,I'd just like to make $1b. Guess the current Govt doesn't want to be seen as the baddies in being the one to implement that.What thoughts from the panel?