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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Greg Butcher who wrote (6398)8/5/1998 12:45:00 AM
From: stock bull  Read Replies (1) | Respond to of 42834
 
Greg, what gets me about this correction is the momentum behind the selling. Also, there seems to be more riding on what Japan does this time as compared to last Oct. It seems to me that Japan elected a bunch of "winners" this time around. It doesn't seem that they have the guts to do what's necessary to turn their economy around.

I'm concerned that the "little" investor may not step up to the bar and start buying this time around. In fact, IMO they may start selling of their mutual funds and start the snow ball effect...having to redeem shares to meet the redemptions.

Lets see what the next few days bring. Also, BB newsletter should be out in a few days.

Stock Bull