Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lee who wrote (6756)	9/26/1998 5:18:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 9980

Lee, I think that the main trigger would be the Nikkei falling apart and with it many other markets in Asia. In coincidence with that event, I believe that we are going to get a torrent of "pre-announcements" in the first two weeks of October as company get a first insight to their end of quarter revenues. This two could be amplified by the October "malaise". I do not think that job displacement or devaluation in China and Honk Kong will occur in the near future, so I do not count these as "parameters". Last, if my counter-intuitive assumption that the FED's may not relax next week, it surely could serve as a catalyst to bring the markets closer (within 200 or 200 points) to the lows around 7400, preping these for a real hit to the low 7000 and possibly lower. Zeev