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


To: Monty Lenard who wrote (30170)10/4/1998 6:02:00 PM
From: Paxb2u  Read Replies (1) | Respond to of 94695
 
Monty & LG,

Although most have cash positions that are available, I believe that most do not even understand what they are invested in at this time. I tried to tell my son-in-law about the pending problems a couple of months ago and he just thought I was a little paranoid. He also told me it has always gone up in his life time. He's in his mid 30's. He has a surprise coming at the end of this qtr and it will be interesting to see his reaction. I don't think young people realize that they can loose money in the market. They've been investing automatically for 10 years and its always gone up (no matter what kind of fund they were in (except gold). It will be interesting.

Peter :o)