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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: D GALL who wrote (12488)	12/29/1997 10:29:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Danny, I do not think that the decline to 6200 I expect will come from the Japanese liquidating US stock, I think it will come from fear of lower profits for US corporations due to a recession covering all of East Asia, and possibly sreading to other parts of the world (or at least the fear that such a recession will spread). Another element might be a blip in our interest rates as Japanese private and other institutions liquidate some US bonds putting upward pressure (temporary, since I am still on record that by late June we will see 5.5% in our long term bonds) early in the year on the long term bond. Zeev