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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Jim S who wrote (7482)8/31/1998 5:52:00 PM
From: Mr. BSL  Respond to of 42834
 
Hi Jim. It was just an observation. The positive sentiment for the model and the master behind the model was so high that that a second thread was born. As usual, the top (in this case the end of the model's run) is usually marked by very high sentiment.

Take care,

duke60




To: Jim S who wrote (7482)8/31/1998 5:58:00 PM
From: HammerHead  Read Replies (1) | Respond to of 42834
 
By Martin A. Armstrong

>>The collapse in Russia has gained far too little attention
from the general media. Some are trying to argue that
Russia won't affect the US or Europe because it only
represents about 1% of exports. Such statements are
clearly detrimental to understanding the seriousness
of what the global economy is now facing. The issue
with both Asia and Russia has NOTHING to do with
trade and everything to do with capital. This is an
important point. Deutsche Bank was downgraded
today from AAA to AA+ on the back of major losses in
Russia and emerging markets in general. The Russian
economic crisis has led to major losses among many
hedge fund managers not to mention banks. None of
these players are worried about trade. What is at stake
here is more than $500 billion in capital that could
simply be vaporized. <<
It's consistent with my previous post. Now the investors are worry about the global economic slowdown will eventually impact the U.S. corporate earnings.
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