Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (124307)	9/20/2001 4:18:25 PM
From: Haim R. Branisteanu	Read Replies (2) of 436258

Heinz, the markets are quite dangerous at this moment and currencies are in inverse lock step with the stock market. We are close to a bottom as currencies are more or less flat. home.nyc.rr.com The spirits are very low and this adds to the sell off. Further many Arab institution are fleeing as are possible institution in Japan. When this selling subsides ......... which we out on SI do not know I suspect we will reverse quite sharply. From an economic point of view taking into account currency exchange levels, interest rates and stock market valuation justify a sharp rebound of around 10%. I prefer to be in trash ....... otherwise called cash. Fully hedged on my Euros. Haim

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