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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (8772)	4/23/2001 11:53:47 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 15481

I think you're way off! It's 85 dood <g>

To: Jorj X Mckie who wrote (8772)	4/23/2001 12:34:31 PM
From: John Pitera	Read Replies (1) \| Respond to of 15481

sure, that makes sense... there is that GAP from last Wed on the NASD that's all the way back at 1900, don't know if that gets filled or not. This Argentina situation is bubbling below the surface.... If they devalue their currency that could give us a couple of days of selling. the former President down there is telling people to dump their Peso's before the devaluation. While we are still going over some of the weekend developments in Argentina, we would note that the Brazilian real is in a world of hurt once again this morning. Of course, comments from former Argentine President Carlos Menem certainly do not help, as he reiterated his controversial recommendation that Argentines should shift their pesos into dollars before the local currency is devalued. Also of concern, Central Bank President Pedro Pou and Economy Minister Domingo Cavallo are not getting along, as Cavallo wants Pou out before his term ends in 2004. Finally, the Argentine government said yesterday that it has decided to cancel today's planned auction of $350 mln in Treasury bills and $200 mln to $400 mln in Treasury bonds.