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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (4179)	5/28/1998 10:44:00 AM
From: Michael Burry	Read Replies (1) of 78548

James and thread, This is what a bear looks like, right? "Fear is completely ruling the market," said Martin Diggle, head of trading at Brunswick Warburg in Moscow. "People are selling at any price." Russia is at a delicate moment -- poised between an economy that seems on track for recovery, and political chaos that threatens to derail it. Inflation fell to a record low of 12% in 1997, and is expected to fall further to 8% this year. What's more, the country's gross domestic product last year posted its first growth this decade, albeit just 0.8%.

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