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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (8422)	3/23/1999 10:49:00 PM
From: Lee	Read Replies (1) \| Respond to of 9980

Ramsey, How many more days like this do you think we will have? Zeev and others have mentioned the need to keep Japan over 14,000 until after March 31. Might we see a change of heart in April for US markets? Its certainly dark days now. Should this continue? The biggest risk to stocks still seems to be interest rates coupled with high valuations. Additionally... Will OPEC hold? How about labor markets? Will Japan be better in 6 months than today? How about China? Will global business continue to not buy technology? We go into Q1 earnings without much hope. Cheers, Lee

To: Ramsey Su who wrote (8422)	3/24/1999 10:12:00 AM
From: Bill Ounce	Read Replies (2) \| Respond to of 9980

wow a true bear :-) So, when do you think the bubble will break? I thought it would be last year. So, I got ready in the summer and was well prepared for the October correction. But, I thought it was the the first stage of a much larger correction, so I didn't pick up anything at the bottom. :-( The strength of the USA economy is quite impressive. Half the world is in the toilet and it still steams along. That was a surprise to me. Thought the USA economy would be in recession by now. Was surprised again at the muted response to the Brazil crisis, after panic over the Russian economic melt-down. As for Asia, it seems that the free-fall is over, except for Indonesia. Are you saying that it's pretty easy for Asia to enter "free-fall mode" again?