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.

Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Roger Bodine who wrote (1378)	6/18/1998 11:56:00 AM
From: Pody	Read Replies (1) \| Respond to of 43774

Whats up with MPTV? open: .007 now .025???? pody

To: Roger Bodine who wrote (1378)	6/18/1998 11:57:00 AM
From: myturn	Read Replies (2) \| Respond to of 43774

I just added another 50k Lucky Keep stroking me.

To: Roger Bodine who wrote (1378)	6/18/1998 12:00:00 PM
From: LegalBeast	Read Replies (1) \| Respond to of 43774

Earlier this week, I got this email from Money .. I know, it is preaching to the choir, but the way I look at my own holdings in PRWT, I got in on speculation at .0155 and have increased along the way. Every penny up gains me $1000 and every penny down deprives me of $1000, but when we get to $10.00 I will be a millionaire and all of those who ran for the door as it dipped to .088 will be still playing for 10 or 20 bucks here and there ... Anyway, here is what they said ... all credit to Money Magazine, but I happen to agree with them! Keeping your head in a turbulent market What not to worry about in today's market First in a two-part report Finally, the stock markets closed higher on Tuesday, after several tough days. But many investment strategists say the damage isn't over yet. "It's not the end of it, because the problems have not changed," says John Cleland, chief investment strategist at Security Benefit Group Inc., Topeka, Kansas. "All we are doing is getting a technical bounce." If he's right and the market starts to sell off again, it will be important to remember that a lot of investors are panicking for some unfounded reasons. After all, psychology is an important part of investing, so you will want to keep in mind what really matters -- and what doesn't -- when the turbulence returns. Because you don't want to be one those "weak hands" shaken out of your equity position for the wrong reasons. In that spirit, we have prepared a list of things not to worry about -- and to worry about -- when it comes to this volatile period in the stock market. In today's Money Daily we present the things that shouldn't make you lose your cool. Interest rates. With economic growth about to slow in the second half of the year, the Fed is not about to tighten rates any time soon. Small cap weakness. Individual investors continue to shun the small-cap funds, causing net outflows in many of them recently. This has forced fund managers to sell stocks to meet redemptions, contributing to the slide in small caps. They are now dramatically undervalued, and will come back sooner or later. If you have been brave enough to hold on so far, don't sell now. Devaluation in China. Many investors worry that a move by China to lower the price of the renmimbi would spark another round of devaluations in Asia. It probably would, but China probably won't, says James Carlson, an economist with Merrill Lynch. China has vast foreign reserves of about $140 billion, and little external debt. It is wary of the inflation that would come with a devaluation. Finally, you can't short the renmimbi, so speculators won't be attacking it. Fund inflows. Lots of money gets launched into the markets automatically each month through retirement plans, even if the firehose has recently has been redirected to bonds. "The money flows are going to continue to provide a cushion under this market," says Cleland. Further Asian stock market declines. These markets have come down so much, that General Electric now has a larger market cap ($280 billion) than all of the Asian markets combined, excluding Japan. If the Korean market were a stock, it would rank 45th in the S&P 500. While economic weakness in the region is a big problem, further declines on top of the already dramatic losses will have little effect on global portfolios. (See tomorrow's daily.) Your losses. Yes, you may be down more than 10% since the markets peaked earlier this year. But if you are in a fund that has tracked the S&P 500 index, or Nasdaq, you are still up 10% for the year. And that's the return investors normally average for a whole year, in the long term. The days of 30% annual returns were nice, but they are probably over. Get used to it.