Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (34085)	11/21/1998 10:54:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Bill, you are right but as I stated on this tread about a year ago, this market is driven by full employment and 401K and pension contribution. Joe Six Pack was brain washed that the market goes only up and stock out perform any other type of savings and investing. Nobody repeat NOBODY including the US government has warned Joe Six Pack that stocks are inherently risky an contrary to treasury bonds nobody can guaranty the return of your principal. At current saving rate, IMHO any slowdown in employment will drag this market down BWDIK Haim

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