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Politics : Idea Of The Day

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To: robnhood who wrote (19536)8/26/1998 7:41:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Very cheeky-- Russel, this time the rumors are that a big hedge fund has taken a big hit and is insolvent may be this is the reason that Kroner is also very week but markets I agree are shaken all over, hedge funds rumors are weighing on global markets, I assure you that looking at the close last night I had prepared myself for this eventuality, I will be looking at the action at 1072 very closely I am sure if we go thru that we will retest 1055 even as low as 1030 but this is a move which I think is again based on excessive fall out premises and will it stay to take the market thru the supports I doubt it very much..Enjoy your shorts today I hope this opens the way you want otherwise most of the time it is their one moment other it disappears... keep coming--
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