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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (12901)1/9/1998 5:02:00 PM
From: posthumousone  Read Replies (1) | Respond to of 94695
 
So many people think they are not invested in the Stock Market,
but they are. Lots of people in MM funds think they are in
cash, and they never look at what the MM fund is invested in. :-)
Jim>>>

hi new to the board.......new stock investor.........though did well in mutual funds....however i pulled 95% out of everything first day this year andput it in money market funds..........are you saying its not safe there???????

then where? my 2% checking account??

thank you

gary



To: James F. Hopkins who wrote (12901)1/10/1998 6:19:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
Jim,

I have heard a great amount of pessimism in the last couple of days and unless it suddenly turns outrageously bullish, my guess is the market direction will be UP rather than down.

It is either that or the lemmings are on the move and we are all about to be carried over the edge!

Bill


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