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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Market Tracker who wrote (6127)4/4/1998 9:26:00 AM
From: Joey Two-Cents  Read Replies (1) of 18691
 
Sometimes I look at this market and feel that I'm in Japan circa 1989.
However this time around I believe everyone will be coming along for the ride. Picking up a few Canadian Mountie coins today $ 325 per oz
guaranteed by Canadin govt. a to pay $ 310 US by 1/00 at worst I loose 6% at best I'm secure and sleep at night. My friends, mother in law, brother and family tell me I'm nuts to waste money on Gold stocks, shorting stocks and gold that this market will go on forever. I still have my 401K money at work in a RE fund (16% last year not bad)ready to run and moved my wifes funds from Vanguard Index to the Money Market a couple of months ago. Hoping to get into Japan when their Nikkie breaks 10,000 again.
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