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

To: Joey Two-Cents who wrote (8409)	5/5/1998 10:02:00 PM
From: Ploni	Read Replies (1) \| Respond to of 18691

I'm glad that I am not in Indonesia. Suharto should have escaped while he had the chance. I think he might end up overthrown, or worse. South Korea continues to suffer, as well.

To: Joey Two-Cents who wrote (8409)	5/5/1998 10:16:00 PM
From: Mike M	Read Replies (1) \| Respond to of 18691

Joey $.02 - <<Nikkei is getting closer to that magic 15,000 mark where many believe that once this threshold is crossed the meltdown will begin. >> My guess is that the "meltdown" is highly overrated.....It could be that penetration into this long dreaded number may mark the end of a Nikkei decline from nearly 40,000....and 8 years.... Mike

To: Joey Two-Cents who wrote (8409)	5/6/1998 1:56:00 AM
From: BDR	Read Replies (4) \| Respond to of 18691

<<Nikkei is getting closer to that magic 15,000 mark where many believe that once this threshold is crossed the meltdown will begin. >> I have heard that bad things are supposed to start happening to Japanese banks and their borrowers at that threshold, too. However, the Nikkei has already traded below that level, 450+/- points lower and not just intraday, within the last six months if I am not mistaken and the Japanese economy still stumbles along. Is there something different this time?