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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: GuitarMan who wrote (18289)7/18/1999 8:05:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 18691
 
Good grief! How long has Barron's/Abelson been calling for a drastic bear market? The last 14 years or so?

He really should have been put out to pasture a long time ago! Someone should put him and Jim Grant in a room for a few days and see who can make the other more depressed.

Barron's is kind of strange sometimes; they ran that negative story on
amzn a couple of mos ago- but it was so basic, I could have written it
without doing any research. Nothing new at all.

It is amazing to me how out of touch Barron's has been in recent years. They seem to simply be developing whacko theories in their own little world. Do they look out their own ivory tower windows, ever??

Too bad for them; nobody's listening, obviously!



To: GuitarMan who wrote (18289)7/20/1999 11:48:00 AM
From: Marconi  Respond to of 18691
 
Hello Mr. Lenkei: possible sources of corrections--

Do you think the dollar vs. yen situation is a possible flashpoint?

I've been watching BOJ saber rattling. I was surprised our Fed knocked the dollar versus yen last night. Struck me as unusual.

If our Fed paper starts flowing back from Japan, that would put us in new territory with potentially electric dynamics. I wonder if it would be enough to be self-fueling in which case the central bankers attempts at tweaking interventions will be a pebble (futile) bump in a rocky road. My guess if that happens the real action will be in the derivatives area and not many will have a clue as to what is going on or will happen in that seclusive and generally unreported area.

I remain convinced the derivatives area remains a wild west show that is untested yet in how stampedes are handled. And if that is the case, I would rather be on the sidelines well out of reach from the herd, if that can be possible. But I suspect strongly I will involuntarily be on the ride anyway.
Best regards,
m