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

To: Dayuhan who wrote (5854)	8/25/1998 11:52:00 AM
From: Paul Berliner	Read Replies (2) \| Respond to of 9980

The Philippines meltdown in a visual presentation.... I've made a lot of claims on how they're in a big bear market and how I believe they started the Asian flu, which is my opinion. Most people say it was Thailand. Allright - enough mumbling on my part Steve. Here's exhibit A & exhibit B. 4 year bear market: bigcharts.com Philippine Peso drop over 20% in one day in early 7/97....and has been on a huge slide since: bigcharts.com By the way, exhibit A is has a perfect head & shoulders pattern for 1994, with the volume decreasing on the head and right shoulder, fortelling the pending catastrophe. P.S. If ever I save up enough clams to visit the Philippines, I'm coming to your place for snorkeling lessons. I live on the beach but there's nothing to see while snorkeling in the murky northeast atlantic!