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Strategies & Market Trends : Point and Figure Charting

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To: XOsDaWAY2GO who wrote (7756)9/25/1998 8:56:00 AM
From: Margaret Mateer  Read Replies (1) of 34816
 
Hi Barbara,
But I see the cracks in the derivatives nightmare starting to show - Harvard down 1.2 billion, Long-Term Investment Hedge Fund "bailed out" with 3.5 billion but they have 90 billion of trading positions and only 2.3 billion in assets! Will it really be enough? Goldman Sachs, Merrill Lynch, Morgan Stanley and others are shoring it up in return for equity. Of course, if a larger percent of the 90 Billion in positions goes south...well, I guess it's not all factored into the market yet. It's hard to be patient when we've got all these tempting P&F charts staring at us!
Peggy
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