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


To: Roger A. Babb who wrote (6017)4/2/1998 11:48:00 PM
From: Joey Two-Cents  Respond to of 18691
 
Boy how things have change. Last October the market went down 11% on Korean fears (# 11 economy). Six months later the markets are up about 30% from their lows and the economic conditions in Japan (# 2 economy)are deteriating at frightening pace. Japan Nikkei flat, South Korea down 6%. Tick, tick, tick.....

Ps: Just saw some moron on CNN "Wazlow" he said "earnings don't matter look at 1994" and "don't sell".



To: Roger A. Babb who wrote (6017)4/2/1998 11:52:00 PM
From: Tom Markowski  Read Replies (1) | Respond to of 18691
 
It's not bullish Roger...it's foreign money fleeing to the US. A major top could be forming here...everyone is running to the US. Look at the dollar. The end is near.

Tom