Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (8556)	5/7/1998 11:27:00 PM
From: Ploni	Read Replies (3) \| Respond to of 18691

Rates on three-month certificates of deposit fell to 0.60%, their lowest level since last November. What is the motivation to save? Or, at least, what is the motivation to save money in bank accounts, as opposed to putting the money in a safe-deposit box, safe, mattress, buried in the back yard, invested in gold bullion, stocks, bonds, real-estate, etc?

To: Joey Two-Cents who wrote (8556)	5/8/1998 5:48:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 18691

JTC: Well, we said it here at Roger's. The Asian mess will be bigger and uglier than most people thought. Of course there is a lag effect that needs to work through. At this point in time the fundamentals dictated by current conditions are perhaps even worse than last October, if we were in a rational market, the 1998 gains in the market should disappear sooner rather than later. Every on talking about the US bubble, even in japan. Does this mean it will just go on? IMO corrections do not happen in the presence of so much warning, perhaps we will drift down slowly. Pancho