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

To: Pancho Villa who wrote (9352)	5/29/1998 4:24:00 PM
From: Bald Man from Mars	Read Replies (3) \| Respond to of 18691

<< Market showing signs of being very tired. IMO staying out of the market now is not a bad idea. bond prices are going down because people are getting out of stocks. This time low interest rates won't help the market. CD paper/treasury investories at brokers are very low.>> It is hard to imagine the Asian and the Russians and the India/Pakistan and last but not least our beloved president's problem will not have a bigger impact than what we have so far ... My portfolio suffered a 25% haircut this month, and mercifully May is over, but I think June is going to get worse, with the current global situation and all the earnings preannouncements. I am going to trim my long holdings to no more than 25%. I cannot put 100% in cash, otherwise what else can I live for everyday.