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


To: Oeconomicus who wrote (25476)8/28/1998 2:14:00 PM
From: Oeconomicus  Respond to of 94695
 
Well, Bob, that was a good call... NOT! I give up. Cash anyone?



To: Oeconomicus who wrote (25476)8/28/1998 2:36:00 PM
From: James F. Hopkins  Respond to of 94695
 
Hi Bob; Well I figured some bounce, but this is not very strong,
the tick really has to do a complete reversal like just getting
in the positive side won't do it unless it get hits back hard.
It don't have much punch , I wish it did but for now I'm staying
on the side lines.

I think all that spare cash I was looking at
is finding it's way into bonds. In the long term that would help
only if the FED drops rates, otherwise it will make the overall
situation worse.

Basically this system we have is not near as
efficient as it's made out to be. That we were the beneficiaries
of an abundance or natural resources, a lot of cheap immigrant labor, and even child labor in the past gave us start , and then
Europe turned in on itself put us out front, but as far as
our system goes it just had some lucky breaks.
We could wind up with a wakeup call before this is over,
or in another war.
Jim