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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Chip McVickar who wrote (1716)	6/4/1999 12:30:00 PM
From: Paul Berliner	Read Replies (1) of 3536

NOTE TO ALL: Indonesian Parliamentary elections are on Monday and the ADRs (IIT & TLK) are rallying sharply in prelude. I would suggest taking profits here because all shorts have already covered as everyone now realizes that there will be no violence. I am looking for a classic 'sell on the news' (election results) drop for the ADRs on Monday morning here in the U.S.

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