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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (20217)	9/9/1998 6:29:00 AM
From: MonsieurGonzo	Read Replies (1) of 50167

Ike; RE:" Japan cuts overnight rate from 0.5% to 0.25%... " ...will squeeze some (^_^) What a beautiful call you made on the market, Ike ! It is one thing to feel the waves and "trade 'em in the direction they wanna go, pardner !" as Nemer says - and it is another thing to be able to feel the extent of a move up or down: you nailed this one to the wall, mon ami - Your feeling for extent has been particularly keen recently. I accumulated ADR's last week and dumped them yesterday for a nice profit - the weak USD just boosted their pop all the more ;-) I was hoping that LatAm would follow the DOW and the Yen up so that I could initiate a short position trade, but it's just treading water. Here are the LatAm bolsa benchmarks, in USD basis ADR's : EWW - Mexico WEBS BZF - Brazil Fund AF - Argentina Fund CH - Chile Fund If you find yourself sitting around your console counting your money, I would appreciate your thoughts on the oft-overlooked LatAm region of our blue marble planet. merci -Steve

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