IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Charles Hughes who wrote (12653)	1/2/1999 5:23:00 PM
From: Arthur Radley	Read Replies (1) of 14631

I really don't know how the market will react on Monday, but the Rubin commitment to staying on the job should be perceived as a major plus. The other issue coming to play Monday for the first time is the newly implemented Euro dollar. In the short term this could present a major downturn in the US markets because of money flowing into the European markets. The US dollar hasn't had a major competitor before and it will be interesting to see how this plays out. As for myself, I've taken a positive in a European mutual fund, just to be on the safe side and to balance my portfolio. The heavy in flow of money into IFMX on Friday has to be perceived as a positive looking forward. All just MO.

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