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To: Dwight Taylor who wrote (5840)1/14/1998 2:31:00 PM
From: Abner Hosmer  Read Replies (1) | Respond to of 116764
 
"Jake van der Kamp, equity strategist at ABN Amro Hoare Govett Asia, said there really is only one option in Indonesia -- a rollover and a huge writedown by foreign banks."

biz.yahoo.com



To: Dwight Taylor who wrote (5840)1/15/1998 7:10:00 AM
From: Mark Hutnick  Respond to of 116764
 
Ben,

I went back again to 1984 (that is 16 38-week cycles) 15 of the 16 cycles had the XAU increasing in the first half of the 38 week cycle.
And the one that didn't only went down slightly.
We are now 2 weeks into the 2nd 38 week cycle of the 114 week cycle.
I feel very good that for the next 16-17 weeks the XAU should be going up. Good Luck, Mark