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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (3018)	4/10/1998 12:51:00 AM
From: Michael Sphar	Respond to of 9980

Lou Dobbs had it covered on Moneyline tonight (Thursday).

To: Stitch who wrote (3018)	4/10/1998 1:05:00 AM
From: B Tate	Respond to of 9980

Stitch This is like trying to put out the fires in Kalimantan with a bucket. bt

To: Stitch who wrote (3018)	4/10/1998 1:23:00 AM
From: Gary L	Read Replies (2) \| Respond to of 9980

I've followed the Asian Forum for some time and thoroughly enjoyed your conversations with Bernie. I have a special appreciation of you local references and mention of stocks. I'm a reverse transplant from KL and have lived 30 years in the U.S. I still hold many losing positions in the KLSE. Now I'm just waiting for a miracle rebound -- maybe in 2-3 years. For short trades, I like Maybank. Do you see much downside? PBB trades in too narrow a range. Trading costs are too high in the KLSE for short-term trades to work well. I'll watch Sime Darby from your discussions. Although I laugh at some of comments in "facts and fancy", I see the same everywhere. It seems to me that the strength of the stock market is all on "faith". Right now, the faith is not in SE Asia. Why? Overextended foreign borrowings? Not totally! All businesses borrow. Country overextended? Not totally. Last I heard, even the U.S. owes big time. The good Dr. is somewhat right -- if all foreign banks gang up and do not roll over short term loans (as most business loans are), then there will be a financial crisis. It's debatable if the financial crisis is somewhat orchestrated. The problem with the good Dr. is that he is blinded by his personal loss and denying that there is no single conductor doing it to him at the other end. Anyone who trades is an orchestrator -- the good Dr. included. Do you think M'sia will be worse off on the long run because there is no IMF to stay some of the "preferential" policies?