Brazil Crisis - Is it a buying opportunity? Message Board

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Strategies & Market Trends : Brazil Crisis - Is it a buying opportunity?

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To: Zeitgeist who wrote (4)	9/9/1998 8:12:00 AM
From: RDH	of 10

South America doesn't look at its healthiest right now. Both Brazil and Argentina were done yesterday, even with the DOW and the NASDAQ's brilliant comeback. Expect another down day for most South American markets today. Let's hope people soon realize that these are good economies and there markets are being oversold. The trouble is such lack of faith in these economies can end up posing a real problem to those economies themselves. Certainly, if Alan Greenspan ever get over his inflationphobia and comes to his senses and cuts rates, then this will help Asia, Russia and South America. Let's hope he doesn't wait too much longer. - RDH. - RDH.

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