Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Kevin Podsiadlik who wrote (15883)	12/1/1998 5:54:00 PM
From: Joey Two-Cents	Read Replies (3) of 18691

Wall Street is always last to realize what's going on around them. It's 1998 the world is broke and holding a fire sale on it's assets. The devestating effects of deflation and world wide recession/depression will be the needle that pierces this over bloated bubble market. The CRB is at 20 year lows, oil is $ 10 a barrell, commodities are being dumped on US markets by China, Japan and a host of other countires. Pakistan, Brazil and Russia are rescheduling their debt trying to avoid the inevitable collapse in this deflationary enviorment. Should be an interesting year ahead.

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