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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Alski who wrote (16868)5/14/1998 2:17:00 AM
From: Doug R  Respond to of 79365
 
Alski,

Yup, it looks like BORL is in trouble. I'll run it through the blender this weekend. I would imagine that their exposure in Japan is the culprit. Indonesia is going for a second round of fiscal damage and Japanese banks hold 40% of Indonesia's debt. The market seems to be taking some kind of satisfaction in our economy's strength relative to that of Japan's at present. Unfortunately, Japan's woes are also BORL's.

More global commentary later.

Doug R


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