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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (2209)	11/10/1999 4:31:00 PM
From: Paul Berliner	Respond to of 3536

What a fakeout: IMF's Camdessus to quit in early 2000 dailynews.yahoo.com When the original news hit the wires, the headlines insinuated that he had quit effective immediately, which made me think it had something to do with Russia, since they planned a visit to discuss more loans that day....I was looking to straddle VIP after this development, thinking that the loan may not go through. Only much, much later does the news clarify that the resignation is not effective immed. Look's like I shouldn't waste my time with that anyway - there's much more money to be made these days by daytrading tech stocks. I have not seen a Nasdaq rally like this since the one which lasted for weeks after the Mid-Oct. 1998 surprise rate cut. How long it will last is questionable but it's nearly impossible to lose money flipping tech these days. I almost forgot how much fun it is!