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

To: Worswick who wrote (4135)	6/3/1998 9:51:00 AM
From: Zeev Hed	Respond to of 9980

Worswick, I would not worry about Buffet, his announcement that they bought silver was a "postmortem", what I call a Vinik announcement. By the time everyone was rushing to push silver a little higher than $7, guess who was selling to them? Buffet. Zeev

To: Worswick who wrote (4135)	6/3/1998 11:06:00 AM
From: Bill Ounce	Read Replies (2) \| Respond to of 9980

we are seeing continual raw materials deflation That's really bad news for places that export this stuff (Russia, Australia, African and Mideast nations) Not certain that this will set us up for the biggest boom ever. I was totally surprised to see that cash flow problems are reducing the ability of East Asian exporters to take advantage of recent currency devaluations. You can't export as efficiently when your local economy is collapsing...