Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ploni who wrote (8802)	5/15/1998 8:36:00 AM
From: Joey Two-Cents	Respond to of 18691

<Analysts, however, said the International Monetary Fund agreement now seemed to be all but dead and Indonesia's problems were now social and political."> Charles, Six months ago the prospect of Indonesia defaulting on their loans sent shock waves through the financial markets. Now it looks like they will be lucky to survive as a country but the market is 40% higher today then when this crisis first started to surface, go figure. When you saw pictures of Jakharta in the early 90's with 80 story buildings as far as the eye can see you knew that like the US in the 80's, a lot of builders and banks had over extended themselves and hadn't learned from the US's mistakes. And when you look at the US stock market today it's obvious we haven't learned from Japan's mistakes. Those who don't learn from history are destined to repeat it.