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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: tradermike_1999 who wrote (1643)	1/3/2001 9:59:15 PM
From: Rolla Coasta	Respond to of 74559

Very encouraging words, mike. See ya in 4 yrs. Q

To: tradermike_1999 who wrote (1643)	1/4/2001 9:43:23 AM
From: Tommaso	Read Replies (2) \| Respond to of 74559

I don't have a lot in common with George Soros, but I would have advised him to be short the high-flyers when he was and if he had followed my advice he would have done exactly what he did do and would have lost just as much money. To which remark I had better add <g> to help out the irony-impaired. What I am saying is that anyone who has gone through that is likely to hope for a catastrophe to prove he was right after all. Soros may be right, but if he is only half right things should get difficult for persons long on margin and bankers and some brokers (I hope not mine). I was very surprised to see the euro decline suddenly against the dollar after the rate cut. I guess the speculation is that rising US equity markets will continue to suck in capital from the rest of the world and keep the dollar overvalued.