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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 (6435)4/7/1998 7:33:00 AM
From: Kip518  Respond to of 18691
 
Roger, Marc Faber (Hong Kong) was a guest analyst on CNBC Asia this morning. After speaking about big trouble ahead in Hong Kong market & (of course) Japan, he was asked about his outlook for the U.S. market. He answered "it is dead within 6 months." He expects a 50% collapse. Implication -- don't buy the dips.

Kip

(P.S. when asked what will cause or contribute to the break in the U.S. market Faber answered, we will be surprised but it will be the rise of the Yen).



To: Roger A. Babb who wrote (6435)4/7/1998 4:27:00 PM
From: Peter V  Read Replies (3) | Respond to of 18691
 
ZITL was a good fish to fry today, down 7.5%, more than the internet fliers . . . . Anybody care to guess what fish are going to fry big in the coming week(s)? A thread regular suggested PNDA, any others?


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