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

To: Tom M who wrote (13621)	1/29/1998 11:27:00 AM
From: Ms. Baby Boomer	Respond to of 94695

Excerpt from Jonathan Cainer's '98 Financial Outlook: "Already, we can see a mood of anxiety in the world of high finance. Traders are concerned that the collapse of various Far Eastern markets will soon have profound implications for the economic welfare of the West. They are right. 1998 is due to be an exceedingly volatile year for all who trade in stocks, shares and currencies. Several 'blue chip' companies may suffer dramatic fluctuations in their value. For those who know precisely when to buy and sell, this could signify a year of amazing opportunity. February and April in particular look like being times when some will make a killing. I warn you though, that while the overall picture is clear, to fine tune this sufficiently, you need to be highly specialized. I'm no such expert. I prefer people to pounds. My advice therefore, is play it safe. If you've got money to invest, put it into something tangible; like property. Consider also, the investment potential of antiques. Two years from now, items from the Victorian age will be a century older. If your budget won't stretch that far, get down the junk shop and snap up the items that only ten or twenty years ago, were in every home but which we have all now discarded. Even old record players or early video players could prove clever things to collect because, as we hurtle towards the high tech world of the future, 20th century memorabilia is due to become very desirable. If you have read between the lines of the above you may now be worried lest, in the turbulent economic climate to come, jobs disappear or savings come under threat. Please relax. There ARE upheavals ahead. There are changes too. We will not though, suffer a depression or even a period of spiraling inflation. We may well hear a lot about the threat of all this and more... but only because the next wave of shocks are designed to force the exceedingly wealthy and influential into a profound rethink. These people and institutions are capable of making a disturbing noise but the vast majority of us will be untouched by their pain. The ordinary people who do get inadvertently caught up in their dramas will soon recover or even profit from the experience." Copyright Jonathan Cainer 1998 Above quote taken from: bubble.com Click on Daily to find out your personal '98 financial forecast....