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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (2598)	4/4/1998 11:45:00 PM
From: ACAN	Read Replies (1) \| Respond to of 37387

Crossy Greetings from Canada. I have been a lurker for a long time on your thread and was truly fascinated by your candlestick determinations and watchlists. Your depth of analysis of computor hardware and techstocks is amazing. I don't know if you are still following ATY.T, but I thank you for it. Went from 20$C to 68$C recently. Wish I had courage to stay with it that long.I would agree IMHO you would make a wonderful addition to Jenna's thread,adding the same kind of integrity that Jenna and Lastshadow display. I would really like to add candlesticks to my TA resources.Thanks for your help in getting me interested in analysis, rather than throwing darts or simply trusting a broker. Still learning, Allan

To: Crossy who wrote (2598)	4/5/1998 10:28:00 AM
From: Bosco	Read Replies (2) \| Respond to of 37387

Dear Crossy - good luck [not that you need it, since I am sure you are well prepared] for the exam. Incidentally, my niece is doing her economics PhD at Princeton. My take of the AFC is a convergence of human factors disguised as xenophobia. The Malay PM is driven by political [religious?] chauvinism. I mean, it literally erected the Tower of Babel just to get its namesake in the guiness book of records! OTOH, the Indonesian govt is blatant nespotism. I'd go so far as to compare its current regime to that of Philippine's of yesteryears. While the latter has used the rallying cry of anti-communism to divert the attention, the former has been using the ethnic chinese [although I don't doubt some of them are outright exploitative] as the scapegoat. IMHO, the Japan situation is a mix bag. I don't think its govt has done enough to stimulate "domestic consumption," by that I mean its has been spending more to maintain the status quo of the business infrastructures than to put the real Yen into the pocket of her citizens. In turn, the citizens leave their savings in the banks for an abysmal 1% interest. To add insult to injury, maybe b/c the people see the bleakness of the moment, they try even harder to "save." Thus the stagnation of its internal economy. I think it is easier to be an armchair economist on this one without taking into considerations about its cultural heritage. I don't agree a 100% she should do follow an abrupt and ruthless route, like the S&L. I think the western countries, especially the US and some European countries, b/c of the heritage of individuality, people of these countries can withstand a shock like the Great Depression [which decimated both the US and many European countries] better. Having said that, I think the work programs a la Roosevelt may not be bad, if they are initiated in conjunction with other efforts. I do agree with you [100%] tax cut is a good way to "stimulate domestic consumption." In fact, I'd agree that should be the main thrust of the program. However, my concern, in any economy, is that one can only get a tax cut if one is being taxed. I don't have Japan statistics, but I believe Japan unemployment is higher than its historical norm. So I'd argue, in a confusing manner <g>, that it is important to deal with the psychological aspect - the soul of a nation, if you will. Anyway [heehee,] don't mean to get to be so intense - although I find this sort of discussion is quite stimulating. rgds Bosco