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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (2550)	11/10/1998 3:43:00 PM
From: Ron Bower	Respond to of 2951

Ramsey, Rubin singing a different tune after the elections? If the bailout is the only positive, there are no positives. I don't know if I'm right or not, but it looks to me like 1999 is going to be a very bad year. I'd like to be wrong, but I can see little in the way of positive news. I think we may already be seeing the start with markets weakening everywhere but the US and the yen back above 120. I think the next 'correction' may be more severe than the last one and last longer. The last one didn't go as deep as I expected and the turn around isn't based on positive news. Look out if Brazil does a Russian collapse. FWIW, Ron