SI
SI
discoversearch

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (20714)6/19/1998 10:15:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Only one of them, if you think BRKA is wild look at COLTY,
another FUND to watch ( you can't buy it as it's closed to new
investors ) but it is worth watching SEQUX.
quote.yahoo.com
that's with an S&P average too.
Jim



To: William H Huebl who wrote (20714)6/19/1998 7:43:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Hi Bill, this tread is a victim of it's own success. I can not cope with reading the many posting.

In any case very nice volatility thank you. I am out of Rostelecom with a nice profit. Wrote some calls on ABX and had the opportunity to short LU, but by now I am again in cash except a small 500 shares hedged position in ABX.

My read is same as over a month ago, we are in the process of a nice top. Japan even if will take all the needed medicine it will be several years before recovering. Their RE problems are bigger than the RTC in the US for a much smaller nation.

On a fundamental basis, we are heading to a global slowdown IMHO and a prolonged bear market in the US, which by itself will complicate the issue. Eastern Europe and mostly Russia are not really recovering corruption and low commodity prices are hurting them. Will see if this will turn into social unrest. I hope not.

Once this tread had many bearish participants which by now seem to sit on the fence. Well I do not blame them, but that is the sign of a top.

BWDIK

Happy trading to all.

Haim