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


To: Snowshoe who wrote (4372)6/10/1998 10:30:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 9980
 
Gee guys, I leave you to your own machinations and there are more than 100 posts, and the Asian markets are showing nothing but red for two days in a row now. A bunch of them sinking deeper into multi years low. The Nikkei Samorais have finally decided to give up and by the end of the night they will probably yield the 15,000.

I think this is as bad as it gets. I believe we are going to have a good rally in the US markets within 2 weeks. It will be lead by companies having strong domestic operations (How about 130 for Yahoo, I know it gives everyone vertigo, and I personally prefer MRK at 130, but then this is my little preference, north of there I will lay out my covered calls again)).

Zeev



To: Snowshoe who wrote (4372)6/11/1998 1:04:00 AM
From: GuinnessGuy  Respond to of 9980
 
Greg,

That was exactly what I was hoping to find. Now, if they would also compare the warnings to last year at this time(like they do with earnings themselves) we'd have something that we can really sink or teeth into. Thanks ...

Craig