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

To: UNDERTAKER who wrote (107)1/4/1998 2:22:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Undertaker, your theory sounds good. Better yet short companies that hold property or mortgages in Asia. Are you in business with the McNabb's ?



To: UNDERTAKER who wrote (107)1/5/1998 3:51:00 PM
From: White Shoes  Read Replies (1) | Respond to of 18691
 
That's a good point, property values in British Columbia (to a certain extent) were pushed up by a huge influx of Asian money. While they have come down somewhat it would be a good bet to somehow bet against property values in the high end real estate in that part of Canada...it was a speculative bubble, and that money is going to be pulled out now.


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