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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JC Money - President of a Loca who wrote (36905)	12/30/1998 7:13:00 PM
From: sam	Read Replies (2) of 119973

I think the chances for a crash tomorrow are slim. For the last few years, market selloffs were motivated by serious foreign problems (Asia) or inflation worries. Unless, we hear overnight that there's been a coup in Japan...or that the Fed is planning on RAISING interest rates by a full basis point at the next meeting, I think we're safe. Plus, a large amount of Wall Street players just aren't around. So the volume will be light. Can't have a crash without lots of volume. FWIW, I think we'll see selling through the day -- and it will get worse as the day comes to a close. That said, it'll be a whole new ballgame if the market gaps DOWN Monday morning. Then, I think we have a 50/50 chance for either a rally or a correction. Despite all the talk of tax selling, for better or worse, there's a heck of a lot of cash ready to go to work next year. Just wish I knew where it was gonna go!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next