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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Marconi who wrote (14625)10/15/1998 5:08:00 PM
From: Joey Two-Cents  Read Replies (4) of 18691
 
Hi Marconi,

Whats wrong with this picture? The PPI comes in a stronger than expected 3/10% (0% was predicited). AG hates inflation. AG cuts rates.

Anecdotal evidence would indicate that all hell is about to break loose. If AG couldn't wait until November what does he know or think?

The $ was down 2 yen. Will the foreigners take their money and flee negating AG's rate cut? What will the Japanese exporters and banks do tonight?

Tick, tick, tick.
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