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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Earl Graham who wrote (21643)7/12/1998 7:11:00 PM
From: Joe Sabatini  Read Replies (2) | Respond to of 70976
 
Japan election news pretty bad. Futures down 740 already. I'm only 20% invested at this point, but I wish I was 100% cash. I knew this was coming. The stock market has been trading in la-la land for the entire year. Something's gotta give. The current valuation scenario has 1987-style crash written all over it.

Joe S.



To: Earl Graham who wrote (21643)7/13/1998 2:34:00 AM
From: ed  Respond to of 70976
 
I think this is good news for the stock market, but may be bad news for one day only. He was given the opportunity to do the job, but nothing he can do to improve the current economic situation in Japan years after years . So if he can't do it, why not let others who can do it has an opportunity. The worst case is nothing is improved with the new candidate, and it won't be any worse at least .


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