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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jack Colton who wrote (7483)1/13/1999 2:59:00 PM
From: Stephen  Read Replies (1) of 90042
 
Well ... trin has gotten lower ... so the big guys blew it. However .. I would expect the traders to sell out. The devaluation is big news despite what they say. Its not just Brazil (though thats reall big).. its the knock on effect to the rest of South America .. impacting Asia (Hongkong Favourite), which will impact Europe.

Stephen
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