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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Katherine Derbyshire who wrote (26673)	11/24/1998 11:53:00 AM
From: Ramsey Su	Respond to of 70976

Katherine, thanks for support. I wonder what advice have I been giving? If you did find them, followed them and made money, please send me a check. If not, well, never mind. Ramsey

To: Katherine Derbyshire who wrote (26673)	11/24/1998 11:54:00 AM
From: MrGreenJeans	Respond to of 70976

Katherine Why are you so offended by his comments? If you're making more money than he is, isn't that enough for you? I am not offended by his or anyone else's comments I am just strongly disagreeing. I will admit that I cannot fully understand his position because since we are and have been in the greatest bull market in our lifetime, maybe of all time, I cannot understand his pessimism. Strong comments provoke discussion. Nothing wrong with that. Russia's default is directly responsible for huge losses in the financial sector True and that is why investing in emerging markets bring great rewards as well as great risks. ...market implosion back in October that everyone seems to have conveniently forgotten about I would argue and the market has confirmed that the implosion was probably an overreaction of a confluence of bad news all occurring at the same time. That is, Russia, Brazil, impeachment proceedings, recession warnings, and so on. The market, which is never wrong, thought Russia was important in October, and very little has changed in Russia since then It was not just the Russian situation that the market was concerned about in October, but just focusing on that for a minute...perhaps the market concluded the Russian economy valued at $25 billion dollars in a trillion dollar world economy was not much of an economic problem after all. that doesn't mean Ramsey's concerns aren't valid. It just means that the market isn't thinking about them right Here I just disagree. Ramsey's concerns are misguided. The market has seen perhaps the strongest six week move ever and to hold Ramsey's opinions means one would be out of the money. The market takes into account all events. People buy and sell every second the market is open. People are evaluating these events and voting with their dollars. At this moment, the votes are in and market seems to disagree with Ramsey's concerns.