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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: John Chalker who wrote (4572)1/24/1998 11:49:00 PM
From: Mason Barge  Read Replies (1) | Respond to of 10921
 
<<When they complete Korea's debt restructuring next week, look out for a possible rally.>>

I'll light a candle and sacrifice a sheep! Wouldn't it be nice to see the inevitable rally start next week, nice and gradually, instead of schlepping along for six or twelve months and then exploding?

Japan's recovery has started already, the way the recovery has to start, i.e. strong surge in exports. The Indonesians and Koreans are both begging Japan for help, so if things don't get any worse, maybe the Japanese will have some strong currency to share.

PS I'm getting out of the straddle business. Too much work. I'm going long for the long-term, with maybe a few shorts to ease the bumps.