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

To: Tommaso who wrote (14998)	3/14/1998 10:12:00 AM
From: Bonnie Bear	Respond to of 94695

Tommaso: It all depends on what they're putting their money into. I guess I'm nuts. I've been buying into this market wherever I see opportunity. Here's my sectors of choice- REITs, utilities, corporate/convertible bonds, microcaps, pension-plan stocks and brokerages. Foreign tech stocks are cheap here. For that matter, Sony is cheap- compare Sony to Dell !!! And as noted elsewhere, FAMCK- congress will take good care of it. I remember a time in the mid-80s when nobody wanted a US tech stock because the Japanese could do it without a profit margin. Could it happen again? I think so. I'm betting that interest rates go up sharply as soon as the feds have collected enough taxes to balance the budget, and I'll have better opportunities in the future in a interest-rate-induced bear. I notice that REITs have been in a bear for some time, they are selling at a 40-50-60% discount to the rest of the market. Utilities are sinking again and corporate convertibles and bonds tied to either sector are a bargain if you think rates will never go up again. Latin American stocks are an incredible deal right now. Whether I like it or not, my pension is tied to the stock market. I am forty years old. So I seriously doubt it will go out of business in the next thirty years.