Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: djane who wrote (318)	7/13/1998 8:40:00 PM
From: Real Man	Read Replies (4) of 1301

I see no fundamental reason to sell now (except for the usual blah-blah about corruption and inefficiency). The truth is - the Russian market is extremely cheap, and it appears the liquidity crisis is now solved. For market cap look at messages.yahoo.com@m2.yahoo.com My major concern remains with the valuation of US market. I recently read here on SI about the capitalization of US stocks exchange2000.com It has been scary for a long time, but now it surpassed the level of Japan-89 (It is much higher than historic peak levels of 1929) It appears scared liquidity from Asia and Russia feeded US bonds. I have no idea when this will end, but if US market drops, it's not gonna be pretty elsewhere as well. -Vi

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