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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (32932)1/12/1998 4:34:00 PM
From: The Jedi  Read Replies (1) | Respond to of 58727
 
Yeah but that may not translate into higher stock prices. Immediate slow earnings are not going to overshadow forward looking statements.
Also if all the markets in the world are falling US cannot stand alone. We keep hearing that world money will start flowing into US market because that is where the quality is. Well here is the problem. Asian money will only come if they have money to invest. If their banks fail they have no money to invest, if their currency falls they have no money to invest, if their airlines stop serving food they have no money to invest. Who has the courage to invest in a different stock market when their own market falls. We believe that US market is strong, has anybody found them believing that US market is strong. I bet they will say US market is also prone to correction.

Lets look it another way if Australian market was the strongest market and our market fell apart how many would have the money and the courage to bet on the Australian market. Not me.

Just some of my ramblings.

Kiri