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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Ploni who wrote (9242)5/27/1998 12:18:00 PM
From: Joey Two-Cents   of 18691
 
Charles,

Russia is loaded with natural resources and I anticpate a dumping of
paladium, platnium, diamonds, gold and other resources to raise hard currency. Russia has a 400 year history of being ruled by dictators and after Boris goes (even though I think he's a dictator) Russia will revert back to its old way. Wouldn't be suprised to see them collapse this year or next. Also, with them sitting on the border of Europe I wouldn't be surprised to see major selloffs for the next couple of weeks on the European exchanges.

Last year I was looking at the Lexington Troika fund in January a
$ 11 but didn't act because I felt it was too risky. It went up to
$ 26 in 3 months. Articles were written about Russia being a good investment and Soros was there etc. Well a year later and Russia is imploding and Troika is below $ 9. Although I missed out on the run, my gut feelings saved me alot of heartache and $'s.
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