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: Tim Luke who wrote (31165)	12/19/1998 12:42:00 PM
From: Stephen	Read Replies (2) of 119973

Tim, the Globex futures have been down every evening this past week ... only to turn positive before the open ... with weaknesses in stock prices met be buying. Wall street is in party mood (AMZN - 400 in 5 years ... MU 200 in 3 years ... positive comments Friday about CPQ, DELL, INTEL .....) & they want to carry this momentum through to year end ... when the money on the sidelines will then be put to work. By all means fight the tape if you want to - but if the current news isn't fazing anyone, then one needs to go with the flow. I also realise you are all cash and would like a down-market ... but if you got one what would you do .... guess what .. buy stocks ... and the price would go up. Anyone who's waiting for a 10% correction in the premier stocks is fighting the tape. For many people that have already gained more than that .... they are probably laughing at the idea and saying 'so what'. Lets face it ... we don't know if the markets going up or down on any particular date ... but the tape says up .... so choose carefully and ride out any down day imho. Good luck all Stephen

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