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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: Jim Fraser who wrote (254)6/29/1998 5:59:00 PM
From: Real Man  Read Replies (1) | Respond to of 1301
 
This is why I would not take a short position - Russia likely will be
bailed out by IMF soon. However, trading long positions is very risky. The bond yields are climbing = not good. Also, The long-term trend (200 DMA) is down. I would wait for a reversal in the bond
yields. With bond yields at 80% stocks won't become attractive.
-Vi