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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (6271)10/29/1997 4:53:00 PM
From: Blue On Black  Read Replies (1) of 9285
 
Roger,
I am speculating here...but I think that a lot of Asian money might feel safer in our market. As some of the foreign currencies slide against the $ valuation, it makes sense - even more when you consider worst-case scenarios of 'Chinese' influence. There is not enough exports,percentage-wise, to Asia to hurt the US economy or market significantly. I don't have enough knowledge or experience to gauge the full effects on the Pacific Rim economies but it looks like it would buoy ours even higher.
lee
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