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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 139.59-6.2%3:59 PM EST

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To: goldsnow who wrote (6504)8/6/1998 8:44:00 PM
From: Jim Willie CB  Read Replies (2) of 10921
 
asia is like a boxing match, not football game... end of round 3 in a 15 round affair... lots more blood to flow in the streets... agree on China and Indonesia showing signs of imminent new problems... this is not 1996 and its midyear correction... this is DEFLATION hitting our shores

pundits still dont get it... today Elaine Garzarelli cited on CNN (smug as usual) low inflation and low rates as buying opp for stocks... still the fool's argument incorrectly interpreting early stages of deflation... difference between disinflation and deflation is nothing but rate of speed and redline on the meter... next comes earnings declines for S&P, like maybe in a couple quarters

bigass volatility coming in stocks, not nowhere done

/ Jim Willie
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