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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (12644)10/23/1997 5:54:00 PM
From: Bruce Tiemann  Read Replies (1) of 50167
 
Ike - on China - I copied this from the cymer thread - (I have a position in CYMI and have been holding with white knuckles for earnings which just came out today 0.02 ahead of estimates. Never seen so much FUD (fear, uncertainty, doubt) raised about a single company.)

Anyway, this is about China lowering rates - I sure hope it's true. I was almost fully on margin coming into today, and sold some holdings to fend off a possible margin call.

What are your thoughts in regard to this article? My concern is specifically about the effect on US markets, as that's where my money is.

Thanks. Here's the link:

exchange2000.com

Bruce Tiemann
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