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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (8556)5/8/1998 5:48:00 AM
From: Pancho Villa  Read Replies (1) of 18691
 
JTC: Well, we said it here at Roger's. The Asian mess will be bigger and uglier than most people thought. Of course there is a lag effect that needs to work through. At this point in time the fundamentals dictated by current conditions are perhaps even worse than last October, if we were in a rational market, the 1998 gains in the market should disappear sooner rather than later. Every on talking about the US bubble, even in japan. Does this mean it will just go on? IMO corrections do not happen in the presence of so much warning, perhaps we will drift down slowly.

Pancho
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