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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (10350)	6/20/1998 10:19:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 18691

IMO in this fast paced world we like quick fixes: can't get it up, take a pill. Not feeling so good, take a pill. So we think that now that Japan's economy is feeling and acting depressed, we think that a politicians' weekend meeting will fix it all. Good luck to them. The consensus seems to be that Asian problems are here to stay for a while. I am usually very skeptical about the consensus, but based on the Latin American experience this seems reasonable. I wonder how long it will be before HK will be forced to devalue, can't have such high interest rate differentials and remain pegged to the dollar. Pancho