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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (7876)4/26/1998 11:20:00 PM
From: Joey Two-Cents  Read Replies (1) of 18691
 
Good evening Pancho. At this hour Nikkei down 254 (1.59%)obviously people feel the latest stimulus package doesn't go far enough. It appears Japan is sliding deeper and deeper into recession, Korea is on the verge of economic collapses and Indonesia is on the verge of revolution. Remember Asia does not matter.

Japan passes 16 Trillion Yen stimulus package.
satellite.nikkei.co.jp

Japan Dept stores (-20.8%) & supermarkets (-10.7%) record largest drop ever in March YTY.
satellite.nikkei.co.jp

U.S. Business group to step up fight for IMF
biz.yahoo.com

Daewoo Group head (Korea) warns of finacial failures and industrial collapse.
smh.com.au:80/daily/content/980424/world/world1.html

Fears of new financial crisis in Korea
biz.yahoo.com

Student protest escalate in Indonesia
biz.yahoo.com

OPEC oil production cuts (Kuwait faces economic catastrophe)
biz.yahoo.com

Right wing makes huge gains in Germany
biz.yahoo.com
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