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: jbe who wrote (741)	10/13/1998 11:37:00 AM
From: Real Man	Read Replies (1) of 1301

Jbe, these sources are a lagging indicator - sort of shows what already happened. The ticker reveals it first. The ticker went up significantly for some Russian ADR, like TNT, RNE, VIP, etc. This could be just a blimp, or could be genuine. As for total collapse - the Russian collapse in 1997-1998 by far exceed the collapse of the Dow from 1929 to the bottom during the Great Depression. If this is not a "total meltdown", what is?

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