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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (230)	8/20/2001 9:04:53 AM
From: isopatch	Respond to of 36161

Hi Paul. Argentine Mkt down over 6% in early action!! finance.yahoo.com^MERV&d=t Real brinksmanship between the IMF and their negotiators. How close can they play that game without miscalculating with the meltdown occurring that both sides say they want to avoid. Ripple effect on other world markets would certainly be a more powerful version of the 1998 Asian crisis that began in Thailand. More powerful this time because of the recessionary conditions in the great gringo economy that so many other nations export focused economies are dependant upon. And the US consumer is yet to crack. Untangling even a few of the sinister tentacles that are now gripping global financial interactions can shed a lot of light on our market action. The plot just thickens and thickens! Welcome to SD II, Paul. Other than Roebear and me, most of our group is not as familiar with your excellent work as I'd like them to be. Hope you can remedy that by posting with us frequently. Best regards, Isopatch