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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (5450)	8/11/1998 10:42:00 PM
From: Joseph Beltran	Read Replies (1) \| Respond to of 9980

biz.yahoo.com It's time I think to get tough with the japanese. one idea is to appoint a special trade representative for dealing with japan exclusively and the first order of business is to impose(by executive order) the same restrictions on japanese imports that japan imposes upon imports to japan, you know, like having each vehicle imported to the u.s. by japan be physically expected by a person (and hiring only two people to do all the inspections); have each person who buys a japanese (imported) vehicle automatically audited by the IRS, etc...These are just some of the tactics which the japanese use to limit imports. There are a few other things we could do in terms of our military posture, also. If they expect us to protect their asses from the threat of the chinese they ought to be willing to pay us a good price...we've been "protecting" their country since the end of ww2 at virtually NO COST to them. this sorry ass administration of ours doesn't have a clue as to what leverage with have.

To: Zeev Hed who wrote (5450)	8/11/1998 11:34:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

Zeev, I still don't know if the turnips have timed it incorrectly yet. I think we may still go lower the next week or two, then it wouldn't surprise me if we rally strongly after that. Then the previously predicted, Sept/Oct mini-melt happens. I still see reports about our good old friends, "flight to safety," and "foreign inflows" stories that are scattered throughout the media. Add to this the positive mutual fund inflows last week. Then add in the long bond going to 5-1/2%. "Liquidity" might just set the turnips back on course. Definitely a gutsy call on a one or two week rally from here. To gusty for me. Personally, I'm somewhat sitting on the sidelines for the next couple of weeks. Kind of hoping we go lower to form a stronger base from which to complete the summer rally. All IMVHO of course. MikeM(From Florida)