VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (25123)	12/14/2000 5:53:21 PM
From: limtex	Read Replies (3) of 65232

JW - The only sensible thing to do is to protect capital whatever it is. It might be worth wating till Tuesday but I hope I am wrong but I would say he won't lower rates next week. He and his colleagues want to teach us a lesson us lesson we will never never forget and they clearly aren't finished with us yet. My guess is that they won't be sated till the NAZ is 30% to 50% off its Dec 1998 figure ie around 1,400 or so. If he relents and lower well OK we'll scrape through but if he doesn't and do it with feeling then we're toast and quickly. Best regards, L

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