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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 150.32+5.4%3:59 PM EST

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To: Jim Willie CB who wrote (6590)8/11/1998 8:09:00 AM
From: Mason Barge  Read Replies (1) of 10921
 
I don't think Asia has felt the worst of it yet. All indicators point to additional problems as currencies continue to slide. Russia with more problems to come, also.

Currencies are still sliding. Personaly, I think that the yen is going to keep sliding until Japan takes serious action. If the yen crosses the 150/dollar threshold, the Chinese could well devalue the yuan, which means more turmoil. Other smaller countries continuing to devalue (Vietnam yesterday and Singapore still sliding).

I'm up maybe 8 or 10% on the current mini-rally, but I think I'm gonna' go back to cash and watch for a while longer.
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