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Strategies & Market Trends : Asia Forum

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To: Rmn who wrote (665)	1/10/1998 10:02:00 AM
From: tekgk	Read Replies (2) of 9980

>> one thing i'v learned from this crazy bull is dont start singing taps yet Excellent advice. Big bounce in S. Korea +6.47% so far in the Saturday session. I rode the last three days down but sold my shorts on Friday a few minutes before the close (as posted over on Mohan's thread). I don't have the courage (stupidity?) to stand in front of the plunge protection team and the dipsters. This bull is 15 years old and it isn't going away over night. I alway's try to remember Greenspan's own words from the Jackson Hole Central Bankers meeting this summer - which went something like " ... create debt and currency without limit". Although not completely true and somewhat out of context it is something I keep it in the back of my mind while trading. One of these times I'll play a little longer on the short side - but not yet. Maybe by March or so, if the turmoil in Asia continues - I'll get brave and try to cut off the bulls tail or an ear for my trophy case -g-. Until then I'll keep an eye on his horns. BWDIK

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