MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

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Nov 10 4:00 PM EST

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To: TA Trader who wrote (9085)	3/24/1999 10:12:00 PM
From: Ramsey Su	Read Replies (1) of 99985

TA Trader, I have a question on Russia that no one seems to know the answer to so far. Primakov was on his way here but cancelled the trip. I understand the purpose of the trip was to get a few more bucks from the IMF. Last summer, Russia's default triggered the big sell off. Now with Primakov back in Russia, is a new and more severe round of default right around the corner? Is the market assuming that no one will care this time? Ramsey

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