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

To: russwinter who wrote (8095)	2/19/2002 4:11:45 PM
From: Louis V. Lambrecht	Respond to of 36161

russ - just found a link re: that Bundesbank rumor. futuresource.com Sold 12 metric tons in DM coins and plans to sell another 11 tons in Euro coins. COINS. Further, the article sees 50DMA and 200 DMA as probable targets ($284 and $2378).

To: russwinter who wrote (8095)	2/19/2002 4:53:49 PM
From: TheBusDriver	Respond to of 36161

Funny you would talk about JPM and Citicorp. Courtesy of Contrary Investor: "The folks at the FDIC were kind enough to provide us all a little peek and the exposure of the largest banks in this country to Enron and Argentina in a recent report. Have a good look: Company Remain Enron/Arg Exp($B) % Bank Eq. Curr. non-perf. Assets($B) % Bank Eq. Remain Enron/Arg %NPA's Citigroup $ 6.953 8.6% $ 10.01 12.3% 69.4% JP Morgan 2.66 6.5 3.92 9.5 67.9 And you were wondering why Terry Murray at Fleet was "retiring". Wonder no more. This report is incomplete. To be academically honest, what we are not showing you here is current loss reserves that essentially would act to offset these potential liabilities. We just do not have current data at our fingertips. " With this kind of liability and power it is no surprised POG dropped like a stone today. Rats on a sinking ship mean anything to anyone? Wayne