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


To: William H Huebl who wrote (14084)2/13/1998 10:46:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Yesterday was an outside day. Negative for this market, at least near term.

GZ



To: William H Huebl who wrote (14084)2/13/1998 9:48:00 PM
From: Liatris Spicata  Read Replies (3) | Respond to of 94695
 
Bill & Thread-
I've been looking at ways to reduce somewhat my exposure to equities (right now they are essentially 100% of my financial assets). The obvious answer would be for me to invest in bonds, but I've pretty much ruled that out- a long bond under six percent holds little appeal to me, even though rates may well continue heading down. I've held the Witter futures fund in my IRA for a few years, and overall it's been rather lackluster fund. I'm seriously considering cashing out of it and a some mutual funds and putting the proceeds in managed futures.

Do you- or anyone else on the thread- have any suggestions on the wisdom or folly of doing this? The specific manager I am considering is Iowa Capital Management- does anyone know anything about them? What kinds of things would you avoid? Does it matter if you invest in managed Treasury Futures as compared with, for example, base metal or corn futures? These are pretty elementary questions, but this is new area for me. I am attracted to the idea of having a small part of my financial assets in something that is uncorrelated with equities markets.

TIA,

Larry



To: William H Huebl who wrote (14084)2/14/1998 11:20:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Hi Bill, the bears went into hiding, no one can explain the lofty valuation, Jim Rogers is a "dummy" and Jim Kramer is a "genius" sentiment is holding on to highly bullish readings and the VIX is around 20.

Hig Yield issues are printed quicker than you print a prospectus. Banks are restrictive to South America and SE Asia for over exposure and questionable loans.

Almost every company warns of lower earnings, SE Asia is of the news even that riots are starting to appear, Russia/Iraq situation is ignored and so on.

All this signals a major turn in the trend. Not tomorrow but it is coming.

BWDIK

Those are my two cents.

Haim