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

To: Peter V who wrote (5156)	3/17/1998 10:28:00 PM
From: Joey Two-Cents	Respond to of 18691

Purchased some BT 85 put LEAPS 1/00 today, bought some CMB 80 put LEAPS 1/00 last week, should have held off a while on the CMB's. Japans economy is teetering on depression, China's economy is slowing down and must take drastic steps (currency devaluation)to maintain its market share and Hong Kong is an island of overpriced real estate surrounded by once prosperous and now pauper nations and will have to re-peg their dollar. Not to mention Venezuela, Mexico and Russia who can ill afford the deflation that is happening to oil. All these factors will eventually be felt here and the banks will react accordingly. biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com biz.yahoo.com