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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (20268)6/13/1998 1:27:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 94695
 
Haim: I LIKE Jimmy Rogers. And I agree with you about George Soros.
Jimmy's just been wrong a lot. What I find curious is that nobody- nobody- not even Jimmy Rogers- wants to buy emerging markets or gold.
Mighty China wants a world-class stock market and its huge petrochemical companies are selling as microcaps. The Mexico and Chile stock markets partly shut down from lack of buyers. Sentiment is just so awful that it really makes me think an emerging market bottom is at hand. It's hard for me to imagine round after round of currency devaluation-- before that happens IMHO there would be a revolt and return to a commodities-based currency exchange standard, either gold or oil.