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Strategies & Market Trends : Roger's 1997 Short Picks

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To: McNabb Brothers who wrote (6863)11/11/1997 10:36:00 PM
From: Tom Markowski   of 9285
 
As Asia continues to tank, the FED will pump money into the system to increase liquidity. (Print money).....the last thing they can do here is raise rates.....the dollar would soar....asia currencies would tank even more.....Japan sells it's billions in US Treasuries.....rates on long bonds shoot up.....THE BIG DOMINO EFFECT. It can happen.....it's starting to happen......... cash can be a good thing.

Tom
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