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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Franco Battista who wrote (14512)10/9/1998 1:45:00 AM
From: Victor Lazlo  Read Replies (3) of 18691
 
<< He also said that the top strategist feels that there is a 50%
chance of enetering a world recession or worse. This is a very conservative brokerage house. >>

Franco, of course they think there will be a recession. They define a recession as a month when their outrageous commissions go down. Screw your conservative Canadian broker. Canada has been in a funk for years, and they do not know how to lose it.

I go to Canada regularly. It is predictable. Is always cloudy, there is no energy in the people, the mood is always fairly gloomy, and so on. It never changes there.

Victor
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