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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (2241)12/5/2001 6:13:53 PM
From: James C. Mc Gowan  Read Replies (2) | Respond to of 13660
 
Dale,that's logical, re: JPM/C puke tomorrow on Argentina/IMF refusal. However, here, we will likely have $10 or $15 Billion in Fed liquidity to 'soften the blow' to our markets, right? Or, at the least, some promises to Bankers that they are covered WRT Argentina debt.
So, no worries, mate. In fact, it could help to drive our markets higher, as ARG/ENRON accommodation already has.
Tune in to Fed action tomorrow at 9:30 AM

BWTHDIK
James