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Strategies & Market Trends : Asia Forum
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To: Worswick who wrote (3489)5/11/1998 8:45:00 PM
From: Zeev Hed  Read Replies (1) of 9980
 
Worswick: Well the turnip had a pretty good call on Korea two weeks back (it was then in the 420'). Now we are getting ready to breach 350. Quite a fall for such a short period. I wonder how low the Korean market has to go before we hear about the malaise on this side of the pacific. Maybe we are waiting for the Nikkei to breach its own line in the sand (and gosh, as expected, they are putting up a ferocious fight on that line). In any event, I think that until early to late June our markets will obey their own dynamics, which is weak now (despite the mega mergers).

Zeev
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