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AT&T, Inc. Message Board

  • NervousHenry NervousHenry Jan 10, 1998 2:43 PM Flag

    Asia? Thoughts for Monday?

    Hey Come On!

    Any thoughts for next week concerning the Asian markets and their effect on Wall Street? In your opinions, will the market bounce back or are we headed for another blood bath?

    I took a shot at 50 call contracts (JANUARY 65's) of T at 3/16ths Friday. With 5 days left and rough waters ahead I'm prepared to lose it all but I couldn't resist the chance of a come back.

    Any thoughts?

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    • The fear is deflation. Forbes asked the dean of econmics what the risks were and he simply said, we know how to cure deflation.....just print more money.

    • I am not sure what the market will do
      Monday. On one hand, the news here on
      line says the problem has been exaggerated
      by Wall Street, but then I read about riots
      and panic in many of the countries. If the
      situation does not improve, the market will go
      down some I assume. America looks great with
      very low oil prices, low inflation, low unemployment,
      low interest rates, and low foreclosure rate.

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