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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: fishweed who wrote (11660)9/5/1999
From: Rande Is  Read Replies (1) | Respond to of 57584
 
This could just be the move that guarantees the devaluation won't occur prior to the big Oct. 1 celebration in China. . .but it doesn't guarantee that it won't happen soon afterward.

As for this putting off any sort of devaluation until next year. . .that estimate is probably made based on the current markets. . . but October is traditionally very hard on the Asian markets. . .so if they are driven down hard and fast, that devaluation may happen much sooner than the article implies.

Rande Is