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Strategies & Market Trends : Tech Stock Options

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To: ratan lal who wrote (46667)6/23/1998 4:39:00 PM
From: WBendus  Read Replies (1) of 58727
 
"fooled ya"

Yeah it did. But I smell a correction tomorrow, especially if the YEN drops to 140 against the dollar. Today's rally is attributable to the oils and tech sector on the heels of the OPEC meeting tomorrow and the appelate court decision in MSFT's favor. I've got a funny feeling about ASIA tonight. Running dollar and lower rates today, smells like more Asian money leaving home.

Hashimoto has proven that he does not have the where-with-all to understand the fundamentals of jump starting a sagging economy. ECON 101 should have taught him that increasing money supply and personal income is how you get GDP to increase. Increasing rates to stablize a sinking currency is not how you do it and dragging your feet on tax cuts isn't going to help either.

It is very evident that there was no quid pro quo on the intervention.

Please let me know if I am missing something here?

Wayde.
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