Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Logos who wrote (5176)	7/12/1998 4:49:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 9980

Logos, it is extremely difficult for me to believe that the results of the election in Japan are a surprise for anyone. As a matter of fact, I think that after a short knee jerk reaction in their opening, the Nikkei may actually end up and start a two weeks rally. That is about the time it will take for the world community to realize that the personality of the person at the helm in Japan, whether it is Hashimoto, Yokihara, Yamamoto or a Nakazami, does not really matter. What matters is that the bureaucracy will be the same. Thus after two weeks of exuberance about "new blood", we will resume with the Asian malaise according to the turnips plan and be slowly getting into a topping action leading at a minimelt in the Sep./Oct. time frame (stubborn little turnips are they not?). Between here and there, they still see a new high in the DOW and of course continuation of highs in the Naz and S&P. Ya, a little flight to quality by smart money will cause resumption of downward pressure on our long term interest rates. The above lengthy paragraph is what is called in "Jugglers Parlance", sticking one's neck out. Zeev