Ask Mohan about the Market Message Board

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Pastimes : Ask Mohan about the Market

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To: tekgk who wrote (15030)	3/20/1998 12:38:00 AM
From: Bonnie Bear	of 18056

I guess you never know until you look back on it years later. The herd, in our markets, seems to be our pension plan managers. So we won't know how much vanished until we try to collect on it in twenty years. WRT Japan trillions: a lot of that money ended up in the U.S. stock market. Our bear may begin as soon as there's incentive for the money to go home. WRT to 2% of the people owning 95% of the wealth: they got it from a combination of inheritance and appreciated stock assets. They did not get it from sitting in cash earned from their day job. WRT to bargains: there are real estate bargains and stock bargains galore, right now. Nobody wants foreign stocks, they're been in a churning bear for so long that anybody buying them is nuts.

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