Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: JEB who wrote (2585)	8/29/1998 7:51:00 PM
From: James Strauss	Read Replies (2) of 119973

Jeb: In 1987 there was a two month 20% market deterioration before the crash... In 1929 there was a 5 month deterioration before the crash... We have now seen the Russell 2000 decline over 20% in a short time... The major indexes have declined over 5% last week... The McClellan Summation Index is lower than it was at the bottom of the 87 crash... The international economic climate is deteriorating... This all points to a crash coming to the U.S. markets to forecast things in our economy that we don't yet see... Jim

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