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Politics : Idea Of The Day

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To: James Strauss who wrote (19755)	9/1/1998 10:44:00 AM
From: NickSE	Read Replies (1) of 50167

FYI, just talked to my broker and he expects the weakness to continue throughout the morning due to a continuation of margin calls from yesterday. Their margin dept. is on serious overload from what he tells me. In regards to the market drop predicting a recession, the market has a prediction rate of 25%. So I guess well have to wait and see. If we can't even get a bounce from a 7.7% S&P drop the day before, there is serious concern about where the economy is heading... Regards, Nick

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