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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 684.83

+0.6%

Dec 22 4:00 PM EST

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To: Johnny Canuck who wrote (17563)	8/7/1998 1:14:00 PM
From: j g cordes	Read Replies (1) of 69188

Harry, I don't see the Chinese devaluing... too much face. They want to usurp Japan in the long run and holding during these trying times is very important. Indeed I've seen reports of no question's asked loans for some hefty amounts being salted by the Chinese government as power building strategy... no devaluation is my call. Jim

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