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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (24414)	11/4/1998 10:51:00 AM
From: JBL	Read Replies (1) \| Respond to of 164685

Biggs, one of the most bearish strategist on the US (Dow 6000 in 99)has declared himself bullish on Japan yesterday. His stance caused the Nikkei to go up over 4%, and today Wall Street is responding to that newfound bullishness in Japan by celebrating with another 100 point rally. So, Biggs is a great analyst for the Japanese market, and a lousy one for the US...and that makes perfect sense for everybody. Japanese banks have not even started writing off tens of billions of bad loans to Indonesia while 95 % of companies traded on the Jakarta Stock Exchange are technically bankrupt. Real estate in Tokyo has declined by over 70 % since 1990 but remains 4 times as expensive as in London. People in New York are declaring the bear market over as US consumers are considering buying their 3rd car, 4th TV, and 5 th computer on credit. This is, without a doubt, the greatest bull market in history. Good luck to us all.