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

To: peter ashley who wrote (4612)	6/16/1998 11:26:00 PM
From: Lee	Read Replies (1) \| Respond to of 9980

Zeev, Peter, To go along with the liquidity argument, bad news is good news, bull making that turn toward the red cape and getting ready to charge, some people are just getting plain bored with the sky is falling news from Asia. Now I know why it took so longer form US news to talk about it. The average American just does not care. Those people who do care are beginning to tune it out. Asian markets crash Summer is here Plan a week on the Cape Watch the Yanks with a beer I too am beginning to wonder how much further could things fall. Can markets in Korea and Indonesia loose another 25% if China devalues? Or have these markets already priced in a lot of that which we still see. If the banks write-off half their assets would we consider that bad news or good? People form their own opinion. At some point we reach a saturation point and bad news has diminishing effects until it touches the cocoon. That is still a time away. Its summer dude, Asia go away. Cheers, Lee