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

To: Bonnie Bear who wrote (14813)	3/8/1998 8:57:00 PM
From: Mike M2	Respond to of 94695

bonnie, the pension plan money goes down a rathole. This may come as a surprise to many investors but where there is the potential for reward there is risk nothing is guaranteed. A promise of steady inflows of money into the stock mkt does not guarantee positive returns. at some point, I suspect soon, money managers will start to consider the return of their money rather than the return on their money. I see this mkt as nothing more than a massive Ponzi scheme which for which I blame the federal reserve. If it is difficult to imagine that things could go wrong ask yourself who warned,in advance, of the disaster in SEA ? Mike