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To: kamtrader who wrote (2258)	8/13/1999 9:25:00 AM
From: AriKirA	Respond to of 77509

Une petite note concernant les ventes à découvert.. Le public en général pense qu'on a absolument besoin d'avoir un uptick pour vendre à découvert. Ceci est un faux. Le VSE exige que la vente ait été effectuée à un cours supérieur à celui du dernier lot régulier négocié à un cours différent. Le ASE, le MSE et le TSE interdisent les ventes effectuées à un cours inférieur à celui de la dernière vente d'un lot régulier de la même valeur. Or, ils permettent une vente à découvert au prix de la dernière vente. AK

To: kamtrader who wrote (2258)	8/13/1999 10:16:00 AM
From: AriKirA	Respond to of 77509

July Producer Price index rose by a lower-than-expected 0.2 percent - Wall Street stocks were expected to open higher after the July Producer Price index rose by a lower-than-expected 0.2 percent biz.yahoo.com Friday August 13, 8:33 am Eastern Time Note: this article has a followup with more information. INSTANT VIEW/U.S. stocks seen helped by tame PPI NEW YORK, Aug 13 (Reuters) - Wall Street stocks were expected to open higher after the July Producer Price index rose by a lower-than-expected 0.2 percent. The co-called ''core' PPI, which excludes food and energy prices, was unchanged. Economists polled by Reuters expected July producer prices to rise 0.3 percent overall and 0.1 percent at the core level. Following are analysts' comments regarding the report: ARTHUR HOGAN, CHIEF MARKET ANALYST AT JEFFERIES & CO., BOSTON: ''There is no inflation. The Fed won't be doing more than a 25-basis-point rate hike and that's it for the year. This market is going to 12,000 ... by the end of the year.' (Note: this article is ''in progress'; there will likely be an update soon.)