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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: jbe who wrote (22934)5/28/1998 11:32:00 AM
From: Tulvio Durand  Read Replies (1) of 95453
 
***OT*** jbe, I too have wondered which market really leads. Before going to bed I check Asian market together with S&P500 and NSDQ100 futures to see where market will open in the morning. And I always wonder whether the Asian markets are leading or following the US market. Obviously sometimes Asian leads when news break after US markets close. And the same goes for European markets. Yes, I have been noticing European issues performing well recently, and the Euro will have significant impact on world markets. But Western Europe's trend towards Socialism, as in France's recent tilt towards 35 hr work-week, makes it less competitive in world markets. Accordingly, I'm staying exclusively in American markets. BTW, I find your posts very insightful and informative. Keep 'em coming. Regards, Tulvio
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