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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 692.27+0.3%4:00 PM EST

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To: HairBall who wrote (293)12/4/1998 6:42:00 AM
From: j g cordes  Read Replies (2) of 99985
 
LG.. good morning. Odd timing last night that I had dinner with a legal beagle that does Brazilian IPOs with a broader territory of SAmerica. His take on their currency is that they should devalue, then again he's from Brazil (though educated at the best English schools). He also said the country, while struggling towards the light of fair capitalism, is full of corruption and those grafting the public dole so there's a built in half hearted search for reform.

What I want to know about this thread is how many acutally trade the DOW or SP up and down. There's a lot of hot air between analysis and a good trade.

Now here's dedication.. "HONG KONG (AP) - A brief power failure hit Hong Kong's business district early Friday, but traders kept buying and selling in their darkened dealing rooms.

''Our trading floor lost lights and air conditioning, but trading was uninterrupted,'' said Randy Gilmore, chief executive of the Hong Kong Futures Exchange."

Jim
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