Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Follies who wrote (25748)	8/31/1998 1:00:00 AM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

Dale: and don't forget our closest relatives dead or dying: canada and mexico. When they die, we die. The others are not so important. Look at Mexico: Rubin better do something. In a CEF we're at mid-80s prices.

To: Follies who wrote (25748)	8/31/1998 1:02:00 AM
From: flickerful	Read Replies (1) \| Respond to of 94695

ChinaShanghai Composite ^SSEC11:31PM1079.660-50.062 -4.43% Hong Kong Hang Seng^HSI12:30AM7354.42-475.32 -6.07%

To: Follies who wrote (25748)	8/31/1998 7:41:00 AM
From: James F. Hopkins	Respond to of 94695

HI Dale; Just looked at my super caps, with the Mo Mo effect, last Oct they pulled back 16% , from their 52 week highs, most of them eased down before OCT , and so when the OCT correction came they didn't have that much more to give up. But from OCT to July this bunch went up 40% , and they are now down only 11.7% and could easily give up another 5%. This correction has been more in the smaller cap area so far, and that could go on until these super caps give up some more. Indexers indexers..buy more of the high flyers as the market goes up, and many other funds follow..regardless of value. Mo Mo up, has to Mo Mo down. ----------------------- History don't always repeat itself, as for the mad buying that went on in Asia before all of this, well that was bound to lead to some mad selling. Japan had a crony market and still does & the people have caught onto it and don't trust their gov any more. They may do a lot of bleeding yet. --------------------------- This blind trust we put in the Fed Reserve has baffled me for some time, they have a self serving interest and it's aimed at power and control, to the extent it over rides the public interest, we are just lemmings as far as this Privet Fraternity of Bankers are concerned. -------------------- If we don't bounce this week we have more down side. Jim