Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (10798)	4/3/1998 11:09:00 AM
From: Phillip C. Lee	Read Replies (2) \| Respond to of 213177

This market has me worried. Some large companies have announced earnings shortfalls (like Compaq), there is a crisis in Asia, political instability in Rusia, and Japan, which produces something like 10% of the world's GDP, is on the verge of collapse. And what does the Dow do? Go for record heights. Well, the statement you placed above is not quite correct. Japan has no political instability, and it alone creates more than 10% of world's GDP. With large savings in that country (10 trillions), Japanese need to invest globally. It's absolutely o.k in Asia since I know more in that area than you. Japan and China and its related countries (e.g. Taiwan, Hong Kong) are doing well. I wouldn't touch the issue if I am not familar with the areas. Phil

To: Alomex who wrote (10798)	4/3/1998 12:06:00 PM
From: Russ	Respond to of 213177

Care to buy some tulip bulbs? -Russ

To: Alomex who wrote (10798)	4/6/1998 1:40:00 AM
From: Moominoid	Respond to of 213177

This market has me worried. Some large companies have announced earnings shortfalls (like Compaq), there is a crisis in Asia, political instability in Rusia, and Japan, which produces something like 10% of the world's GDP, is on the verge of collapse. Collapse is certainly overdone currently. Japan has not been going anywhere all this decade and now is showing the first signs of real recession. The government doesn't seem to have much of a clue on what to do. Things can certainly get worse. But we're not seeing anywhere near European style recession data yet. And what does the Dow do? Go for record heights. My technical analysis is showing that a correction this month is a strong possibility but it's not as clearcut as the signals last October. David