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


To: James F. Hopkins who wrote (22468)7/27/1998 9:40:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Jim: (off topic)
you can look at the insider buying of OTCM to see what Royce thinks. The bid-ask spread gets huge so if you don't get in when the market is quiet you'll miss part of the run. If nothing else catch a chunk in time for the december dividend.
The downside of Royce is that he's into value- this market doesn't care about value- I'm afraid if the smallcaps move again it will be more idiot momentum play.
BTW, I pulled my 401K out of my company-sanctioned stock fund last year and put it in money market. I just looked at the 1 year return of the stock fund- the money market gave a better return. I pulled out the bond fund too because it gave an average return of -0- over a five-year period. Sometimes I think Social Security will be fine and we'll have a pension funding crisis instead in about 15 years, when years of dying stocks shoveled into the pension funds is finally discussed in public.