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To: oldirtybastard who wrote (96697)4/20/2001 8:41:08 AM
From: limtex  Read Replies (1) | Respond to of 436258
 
odb - Of course it won't be only short covering. There is also some cash to invest that has been wating for over a year now and the US is looking more attractive by the minute compared to anywhwere else that I can think of.

Be intersted to know if you think any other market is more attractive. EU investment funds will be once again heading for the NAZ and this time they won't want to miss out as many of them did last time.

I don't know anyone who can time the market least of all me but the panic is over and life goes back to normal. Business cycles have not been abolished and buisiness will start to pick up. The biggest problem of the EU telco borrowings is now beening dealt with by the European Investment Bank.

Summer is coming and confidence is returning

L