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

To: DD™ who wrote (7823)	9/9/1998 10:44:00 AM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

He might be "a short" and trying to scare out some more profit. Roger Babson, you'll have to go back aways to find all his posts at this link, suite101.com , makes a much more eloquent case for the bear. regards Kirk out

To: DD™ who wrote (7823)	9/9/1998 11:52:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 42834

Re:"..some compelling arguments..." Some random responses to some of his points. My reactions may not be as dramatic, but I think they are a little less emotional. Don't always agree with the degree of some of his statements/conclusions. 1. Not convinced (yet) that Slick Willy will be impeached. His Democratic friends may be setting the stage for something less (e.g., censure,etc.). Although I agree with his implication of what such a long drawn out battle would do (to the country - never mind to the market). Then again, Congress could be preparing the country for impeachment proceedings? A recent link: biz.yahoo.com 2. "Pending collapse of Russia" - Yeltsin meeting with his proposed PM and the oppositions candidate. Still a little time for compromise. Don't think chaos rules just yet - although we have already seen what this political confusion can do to our jittery market. Meanwhile, a link on the subject: cnn.com 3. Re: Latin America... Here I agree about the risk to our economy (large trading partner,etc.). This one could certainly affect our foreign sales ,U.S. corporate jobs, etc. 8. Re: S. Korea is tanking... Think this is an overstatement. Their market has been very erratic but don't think it has collapsed. Here, also I think they should be given more time to bite the bullet & let the market determine which companies survive. Government needs to facilitate corporate consolidations. Again, somewhat like Japan, the needed reforms will be a culture shock (not to mention that the strong unions will oppose cutbacks,etc.). 9. Re:" Japan..no way out..." Don't agree with that statement. But I will concede that there is certainly no quick fix for the years of mismanagement by that government & that they are much in need of banking reform. I am encouraged by the fact that Rubin has been meeting with them (I'm assuming they will start to take some of his advice). I think his opinions are well respected - despite that the fact that he is presently a member of the current Administration... That's all for now... I'm getting to depressed reading his "ravings".