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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (2626)8/27/1998 9:46:00 AM
From: j g cordes  Read Replies (1) | Respond to of 44573
 
Hi Tom, I agree with your comments. Looks like there could be more retraction. A short while ago it seemed there were one or two "fixes" that would have satisfied the markets. Now the list has grown to a world of worry. One key for me would be for Japan to balance its banking system. Their markets are currently overwhelmed with doubt because the core is rotten. They're the lynch pin to Asian confidence.

Russia is more dramatic because they've been our cold war adversary for so many years, but their market influence is psychological. Having typed this sentence I realize once again how much all markets are psychological... hmmm.

Long ORCL and adding to positions.. they will benefit from MSFT challenges and from new agressive product and marketing initiatives. A world player well positioned to do exceptionally well.

Speaking of worries... here's a list of the big ones that are floating about out there:

A. Clinton's presidency
B. Russian politics and markets
C. Japan banks/debt and consumer tightness
D. Year 2000 overhang
E. Emerging markets
F. huricanes

Anyone want to make a list of positives? I can name at least ten that offset the above.