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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (934)	9/3/1998 9:18:00 PM
From: BarbaraT	Read Replies (1) of 7247

Key word ..." when" the rally starts. I think you may be right ... eventually ... about MER, and the large banks and other brokerages should also do very well. I personally think there is still downside for the brokers, including MER, and the large banks. As you mentioned CNBC, I am sure you heard that Latin America could pose an even bigger problem than Russia. I have a feeling that MER and the banks will head further down tomorrow ... maybe have a small rally next week, depending on conditions abroad (and down south) and then head lower. By the way ... since I have TRV and BAC ... I really hope I am wrong. If MER moves up, so do my holdings. Good luck to us all.

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