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Strategies & Market Trends : Asia Forum
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To: MikeM54321 who wrote (8195)3/5/1999 9:34:00 AM
From: Paul Berliner  Read Replies (1) of 9980
 
Maybe the market will have another irrational 'relief rally' if the Yuan is devalued, like when the Real was cut loose. It's hard to say that a Real devaluation was already priced in because the market had already been on such a tear. The effects will be felt though - just read Reynold's Metals recent earnings release:
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