Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: High-Tech East who wrote (78214)	6/7/2001 7:39:33 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Ken, there are signs that Eastern Europe is coming back. The Russian stock market performed much better than many stock markets quote.yahoo.com Same the Austrian market which is a proxy for CEE countries quote.yahoo.com Also China's Stock market outperformed the western markets quote.yahoo.com All that indicates to me that there is building a atmosphere of trust into those markets and investments in those economies will follow. Main beneficiary would be Europe and money will flow toward those type of investments. Further Europe's economy , which is bigger than that of the US will lead in this cycle and money will follow. On can not argue that the returns in developing countries are far superior to US credit markets (ignoring the risks) From my banking contacts I get anecdotal evidence that money from overseas is buying it's own debt obligation (tax free of course). bradynet.com When more trust will build more money will follow --- are we not in sheep territory? .... playing momentum not fundamentals or risk?? For the US economy to participate in those markets, the US dollar will need to slide to make US manufacturers competitive adding to that the huge trade deficit and subdued inflation due to raising dollar the reverse will be inevitable as soon as those countries stabilize. Personally I see the dollar index range of 105 to 100 as critical. BWDIK Haim