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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (16108)	7/3/1999 5:30:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 29382

<Japan seems to be coming to life... Especially the small caps... A healthy Japan could be indicative of what to expect from S.E. Asia... While I think this is a good thing, the FED thinks good is bad... :> Jim, the charts of most Asian markets currently look phenomenal. Most of those markets have hit new 52 week highs and are close to two year highs. Japan and Asia have come out of the currency crunch but have not yet dealt with the reasons for these problems. Unemployment and poverty are still widespread. Japan and other Asian countries still have to bring about economic reforms. The Asian markets have rallied based on the renewed strength of the Asian currencies and perhaps these markets are a little ahead of themselves at this time. Sergio