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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: CYBERKEN who wrote (2021)3/24/1998 11:17:00 PM
From: advinfo  Respond to of 34592
 
IMO. Also: Hasbro warning could hurt toy sector tomorrow.

I hope RADAF doesn't get damaged. But if it does, I'll be there
to help support it. Their whole story is just too damn good and
it only looks to get better. Fundamentals rule in this complex
game of rock, paper, scissors...



To: CYBERKEN who wrote (2021)3/24/1998 11:56:00 PM
From: DADDY WARBUCKS  Respond to of 34592
 
CYBERKEN

Just curious about market correction comment. I too believe that there will be a correction. I don't think it will be as drastic as 20%. Atleast not in a short period of time. Maybe over a few months.

But the big question remains. What will spark the selloff. Right now we are in a low inflation, low unemployment period. The last time we were in the same situation was about 1967 (guess), but the P/E on the overall market then was about 5 points less than it is now.

The only thing that I can come up with is earnings slowdown. Keep in mind that more people are investing in the market now than ever before. Through 401k's and other qualified plans. There is an enormous amount of money being thrown at this market. Mutual funds are required to keep certain percentages of their portfolios invested in equities.

Where will all the money turn to?
Bonds? Not!
CD's? Not!
Cash? Doubtful.
Overseas? Maybe, but I doubt it.

Bottom line is:
You can't avoid any corrections. If you do, be ready to buy because it won't last long.

Just some thoughts.

Daddy