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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: Rob Shilling who wrote (836)	11/23/1998 10:03:00 PM
From: Real Man	Read Replies (1) \| Respond to of 1301

It is difficult to say for sure whether this is a bear market rally in Russia or a start of a bull market. We have crossed 50 DMA, but are well below 200 DMA. What is going on on Wall Street, especially with the internets, is the wildest speculation. Look how much Yahoo, AOL, NSCP, AMZN and others are up today. There is no such thing as fundamentals. In Russia, at least, stocks are cheap, although some wonder whether or not they are worthless. I don't even want to think what happens to the world if Wall Street really crashes, but I think this will happen some time pretty soon. AOL is what, 3X the Russian Stock Market?