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To: GST who wrote (104316)5/29/2000 10:29:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Gst, did you say hello to the Sultan for me?
I'm not a big James Cramer fan, but I think every investor should read this.
Its about taking money off the table. Its about the fed, and most importantly... its about why $cash is, and will always be king.
80% in cash, real estate, and proud of it. The 20% is just to stay in the game.
thestreet.com
Btw
To really appreciate what Cramer has to say...start with part 1.



To: GST who wrote (104316)5/30/2000 1:41:00 PM
From: H James Morris  Respond to of 164684
 
gst, >>Japan got welcome glimmers of hope in two of the bleakest areas of its struggling economy today with a surprise increase in personal spending and a drop in the unemployment rate from a record high. Spending by wage-earner households climbed 3.6 percent in real terms in April from a year earlier for only its second rise in nine months. Meanwhile, joblessness slipped a notch from its February and March highs to 4.8 percent. Although the government viewed the improvements cautiously, the rise in the key measure of consumer spending and the dip in the closely watched jobless rate bolstered prospects for a full recovery from Japan's worst postwar recession.
nytimes.com