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To: Defrocked who wrote (5557)9/10/1998 12:13:00 PM
From: Investor2  Read Replies (2) | Respond to of 86076
 
RE: "Short covering rally and traders looking for stops.
No reason to buy here other than that."

S&P 500 is currently testing very strong support in the upper 900's. If it holds, then it will have proven to be a great buying opportunity. If it fails the test, it could go down another 10% relatively quickly.

RE: "Canada down 1.5%
Mexico down 5.6%
Argetina down 5.4%
Brazil down 11.4%
Chile down 3.0%
Europe down 4% across the board generally
US down only 2.6% for now"

What about Asia? It seems to have been holding pretty well over the past week or so. Is it time to buy Asia yet?

Best wishes,

I2