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


To: TokyoMex who wrote (3148)9/4/1998 1:45:00 AM
From: CYBERKEN  Respond to of 119973
 
It's one of our great contemporary myths that the market will be driven down by 401k participants switching out of stock funds as stocks fall. Call it the mythical "Ableson Effect", or the "Barron's Wet Dream Effect". Most of these people switch at the BOTTOM of a correction, and gradually start switching back to stocks when they realize that THERE'S NO PLACE ELSE TO GO. True, they pile in near the tops, but the key is the money is CAPTIVE and will ultimately wind up right back in the market.

Finally, any advisor worth a SH-- will tell people just to put their 401k $$ in a mix of stock and bond funds and stop watching it. That makes for an awful big stock-eating gorilla that ain't going anywhere for many years to come.

And what busts a lot of people's balls is that you play the above by STAYING INVESTED.



To: TokyoMex who wrote (3148)9/4/1998 1:58:00 AM
From: chirodoc  Respond to of 119973
 
that is just what rubin said
that u.s. is strong
latins are being more financially astute than in '94
canada and mexico though not great are stable
i don;t bet against rubin
remember when he went long the yen
look what happened
he is a very smart man
i bet in 6 months we will resume the uptrend in the bull
japan will be stable on starting to dereg more and grow
north and south america will be stable
and korea will be starting a comeback to level before growing in '00
only big basket cases are indonesia, russia and maybe malaysia
'99 oil goes back up a buck or two
curtis



To: TokyoMex who wrote (3148)9/4/1998 8:04:00 AM
From: Rande Is  Read Replies (1) | Respond to of 119973
 
Malaysia closed up 16 percent. Their buy-it-and-hold-it-for-a-year regulations have performed nothing short of a miracle. Much could be learned from this, regarding struggling economies. Russia?

Rande Is



To: TokyoMex who wrote (3148)9/4/1998 8:23:00 AM
From: JEB  Respond to of 119973
 
PA (Pimco) news:

go2net.newsalert.com



To: TokyoMex who wrote (3148)9/4/1998 8:40:00 AM
From: The Street  Read Replies (1) | Respond to of 119973
 
Here are some Gold Producers:

ABX AU CBJ ECO EN.TO FCX FN.TO HM MNRCY NVB PDG RTP TEK TVX