Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Kip518 who wrote (32928)	11/2/1998 9:36:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Kip, the most interesting point today was that the personal savings rate turned negative on a monthly basis and nobody seems to care. My translation is that Joe Six Pack market goes only up, followed his friendly broker advice and spend his savings for day to day needs. The question I have after those savings will go to nill from were the money for the unforeseen??? <gggg> The dangerous thing is that many relate to their mutual funds or stock holdings as their savings or the NEW ERA CD's. Thank you A.G. and Rubin, great service to the nation. BWDIK Haim

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