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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (23956)10/24/1997 4:33:00 PM
From: Kapusta Kid  Read Replies (1) of 132070
 
I am no technician, Mike, but looking at a chart is the fastest way to view price history and the Asian charts are all heading south and have been for years. You're trying to find the bottom, but what criteria do you use? Sentiment on most of these markets is still mixed: every one hasn't capitulated yet. For every guy who wouldn't touch a market, there is another pronouncing it a buying opportunity. And if markets hate uncertainty, how can Korea be near a bottom? It's just a matter of time before something gives north-of-the-border, but when?

Your thoughts?

BTW, nice call on Hong Kong and the gold shares.
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