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Strategies & Market Trends : Roger's 1998 Short Picks
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To: dumbmoney who wrote (7839)4/25/1998 9:21:00 PM
From: Pancho Villa  Read Replies (1) of 18691
 
Thanks. The opinions stated ring a bell as well. Will report in more datils findings fro fido's conference. Great awareness on the market been overvalued (is this good or bad?). One MFM (a 55 million value MF) said 1 million dollars came out Friday. That is 2% of the fund. Perhaps his holders are more risk averse than average but this is a way in which MFs will be forced to sell. Interesting talk by Tobias (the guy seems to be suffering as much as many of the people at Roger's). Marc Faber PhD, based in HK had a very interesting take on Asia and the US market. Basically the stuff JTC has been bringing us with his posts. The Asian slowdown will be much worse than people effect with profound consequences here and in other countries.

Pancho
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