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Strategies & Market Trends : Jim Rogers -- Investment Biker -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (59)	2/14/1998 2:03:00 AM
From: Thomas M.	Read Replies (1) \| Respond to of 213

Jim Rogers made a brief appearance on Market Wrap. After being introduced as bearish, he chided the host (Sue Herrera, I believe), and reminded her that he is still net long the U.S. stock market. He did admit that he thinks shorts will make more money than longs in 1998. For new investments, he recommended crude oil or heating oil futures, electric utilities (takeovers will continue), and big foreign oil E&Ps like Elf and Total. I thought his two most significant (i.e. new) comments were: 1. Indonesia will probably not survive as a country. 2. China's currency has begun to fall in the black market, for the first time in 4 years. Tom