To: Kayaker who wrote (61621 ) 8/27/1998 9:50:00 PM From: Mohan Marette Read Replies (1) | Respond to of 176387
What is this Chopped liver? Change sound strategies at your own peril. Change a sound investment strategy at your own risk! U.S.STRONG! Bob, I wish the damn Nikkei goes down below a 10,000 so they get of their a%$*(assets) and do something. You are not going to get any sympathy from me for the Japanese. Now if anybody thinks this is a major crisis I have some good news for them. Is this a recession NO, a bear market Naaaaaaah. There is no evidence anywhere in the U.S economy that indicates a a recession,no evidence our economy is contracting,a slow down perhaps even that too needs to be looked at with some consideration as the economic data normally shows us what happened in the past as opposed to the future but a predictor to some extent nonetheless. Look at GOLD- You see the prices going up ? NO They tell me gold price is good predictor of things economic. Look at the Bond yield-Can you say LOW,lowest in a very long time.We can not in,all likelihood, have a bear market when the economy is growing and the interest rates are low,can we??? Unless of course the economy is contracting like in Japan. Here are some article that might support my view point, I hope.Regarding Russia: According to Goodman Russia economically is as important to us as a small South American country,'nuff said and so much for the Russia crap. Goodman has however an interesting point of view about Capitalism and Democracy-I belive he's got Democracy mixed up with Socialism,otherwise what he says makes sense."ROBERT GOODMAN, PUTNAM INVESTMENTS: Well, that's the exact advice you gave a long-term investor. Most of what I've been listening to today and last night really affects traders. Believe me, traders have to take what the market gives themselves day-to-day. The worst thing that a long-term investor could do now is alter a sound investment strategy. Quite frankly, the fundamentals in the United States have not been better in 50 years. And I focus on those fundamentals. What we're getting now is typical at this stage of a business cycle. It's a market correction. It's being exacerbated by a lot of these short-term concerns, both political and economic. What do you guys think these are chopped liver???? HeeeeeHaaaaw.cnnfn.com Jobless claims drop- cnnfn.com Bond yield record low.cnnfn.com US economy grows at a higher rate than analysts prediction.cnnfn.com