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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: JEB who wrote (2606)	8/29/1998 10:18:00 PM
From: CYBERKEN	Read Replies (1) \| Respond to of 119973

Re: Russia Only in New York and Washington are there still people gullible enough to think that the Russians would bring back Soviet style communism. Yeltson surfaced again like some kind of unsinkable soap bar and guess what? He still runs the place despite the Western media having him dead and buried Thursday. The market has vastly over reacted to the Russian economic collapse because in the West we have no journalists able to understand the post-communist Russia. Too many years of listening to their professors tell them that communism is just a "different way of allocating resources, no better, no worse." LOL

To: JEB who wrote (2606)	8/30/1998 10:49:00 AM
From: James Strauss	Read Replies (3) \| Respond to of 119973

>>>Here's a question. What percentage of our economy is service oriented? and what percentage is still manufacturing? The answer to this should tell if the Transports (DJTA) still have a large effect on our economy.<<< ********************************************************************** Great loaded question JEB... : > The U.S. has a growing service sector and dwindling manufacturing sector... My guess is probably 50/50 at this point with the Service area on its way to about 75%... The advanced economies move towards service while the emerging economies move into manufacturing... I liken this to moving from a blue collar job to a white collar job with a suit... : > So, the Transports still reflect a large chunk of the related business in our economy... Here's a look at a 4 year chart of the Spyders (SPY) S&P closed end fund... Friday it closed below the 200 day MA... Also, it closed below the mid band Bollinger Band for the first time in 4 years on big volume... Not a good sign... 207.95.154.130 Jim