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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (13573)1/29/1998 7:54:00 PM
From: Simon  Read Replies (3) of 18056
 
The evening news had something by Greenspan re: Asia had not affected the U.S. yet but it was coming. Exports are down 20/30%. Not many ships loaded going out,lots of ships with cheap goods coming in. Boeing experiencing cancellations or delay delivery. Lumber for Japan slows and prices decline. American Mfg's probably have to cut prices and lay off people to be competitive. Rolling snow balls do get larger. When will all this sink in. If Wall St. keeps having 100 + days, when it finally sinks in, we might have a - 1000 day with the new and improved trading curbs.
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