Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Philipp who wrote (25673)	8/30/1998 12:45:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Phil, presently I am hearing teh Russia issue from a different angle. (I am still on the mediterenian shores). I agree whit some of your posting but a stable Russia is in the formost interest of the western powers. The communist's who are now pure "Russian Mafia" representative were in a strugle to take over. They failed and agreed on a more reasonable truce. Clinton going there without a salvage package will be as if he canceled. I do not think Clinton and his advisers are so stupid. An FED ease will be also an indirect help to Russia. Just remember the MArshall plan in Europe. THis is can be redone in Russia. The only trigger are more agressive tax law and reform passed by the DUMA, I speculate they will pas it as it actually will hit the rich elite and the "communists" will present as their success. The change of power was triggered because of those laws and teh communist tried to wrangle the power from Yeltzin and failed. Not to be misleading I think we are firmly in a bear market but Clinton/Yeltzin summit will warrant a "pop" of 100 to 200 DJIA points or to SPX 1060 IMHO BWDIK Haim

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