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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (211)2/26/2000 3:55:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
John,

Your a brave soul after all these bearish considerations..!

The news media atleast on the regular TV has been very quiet about Japan. They're convinced the problem is over and the country has returned to normal...One hears nothing. But if Moody comes out with a powerful down grade signal that would change. I've continued to believe Japan is not fixed.

FED lowered into the currency crisis and now is at par and trying to soften the effects of all that liquidity. They may also be raising rates to have some where to go if another round of International currency instability is just over the next ridge.

>>The economic data out of Japan continues to atrocious<<

This is sad to hear...those people are going to suffer terribly if the Postal Savings is bankrupt.

Chip