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Politics : Idea Of The Day
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To: marc chatman who wrote (17041)2/19/1998 8:41:00 AM
From: marc chatman  Read Replies (2) of 50167
 
Barton Biggs, Chief Morgan global strategist, now negative on Japan based on disappointing stimulus package. He sees Nikkei back to 15,000 and yen to 135/US$. (per CNBC)

I thought I heard yesterday that Biggs also said he would not commit any new money to SE Asian markets at these levels because they had climbed back too high, too fast. But I haven't been able to confirm this. There was a time not too long ago where Biggs could tank the Asian markets 5% just by sneezing. That didn't happen last night, though. Is he losing his juice?
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