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

To: Zeev Hed who wrote (5764)	8/22/1998 5:26:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

"Once we shave another 1000 points from the Dow, the Fed will be able to move, and that will put some breaks, IMHO, to the current malaise on the street. I do not think that will happen very soon (next two months or so). My reasoning is that the cure for Asia has to come from within Asia itself, namely Japan must do something very drastic to stimulate domestic demand which will soak Asian over capacity." Zeev, I didn't quite understand what you were referencing when you said, "next two months or so?" You don't think we are going to be shaving 1000 points off the Dow within the next two months? Or Japan isn't going to stimulate their economy for at least two months? Thanks, MikeM(From Florida)