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Strategies & Market Trends : Roger's 1998 Short Picks

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To: vegetarian who wrote (12021)7/26/1998 11:50:00 PM
From: Joey Two-Cents  Read Replies (1) of 18691
 
$ 1.4B flowed out of equities this past week. The most for 1998.
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Wave one from Asia is arriving, wave two from South America is starting to form. But not to worry, the individual investor will buy on the dips, China will not devalue, Japan will reform their economy, we will always get 30% returns and we will all retire rich. Blah, blah, blah. To many people make a living at this ponzi scheme to say differently.

I was watching QVC and it appears that the beanie baby market may be crashing. Last week Glory (the bear given at the allstar game) was $ 650, this week it was $ 250. What will the sheeple be collecting next? Maybe unemployment and welfare.
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