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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Robert H. who wrote (31354)10/12/1998 8:32:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
OOPS Japan is down AGAIN oh well only 270 points as of this hour.

In another vein, has anyone noticed that India and Pakistan stock markets are not participating in this recent rally, but slide further down??

I am not sure about the total capitalization of those stock markets but they are countries with over 1 billion people.

So the middle class should have the same buying power as Japan or the UK or Germany at least. so this does not sell a lot of cell phones TV set's and PC's or other gadgets

Just thinking

Haim

BTW - DJU just broke the recent trend line hard (10 points in this index is a lot - 3.3%)



To: Robert H. who wrote (31354)10/12/1998 8:53:00 PM
From: BubbaFred  Respond to of 94695
 
Robert - That article may be close to the truth, except we will never know, nor will it ever be disclosed. It is of utmost important that US economy will not go into recession. We are the only good consumers and spenders left and the only hope! The rest of the world is counting on US to buy their goods and to revive (stabilize) their economies. If stock market were to slide down too hard, can you imagine how much sales will be lost?, after reading mutual fund and 401K statements?