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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (13398)	4/20/2002 10:12:59 AM
From: jim_p	Read Replies (1) \| Respond to of 23153

Que, 125% is pretty aggressive after the run we've had. I'm down to 50% invested, and will buy into the dips at support levels, or go back to 100% if the OSX breaks out above resistance. We seem to be at a fair value with the OSX at 104. There is more support than in past years due to both the war factor and the new trend to buy only value stocks on the street. I've given up chasing the tech stocks, so now Warp can buy and make some money. :-)) Jim

To: quehubo who wrote (13398)	4/20/2002 10:38:33 AM
From: kodiak_bull	Respond to of 23153

QH: I think you'd be wise to follow the charts of all the individual OSX members, and of course focus on the ones you own in particular such as NBR. Good luck. On another topic, Don't-a-cry for-a me, Argentina: Argentina shuts banks indefinitely Fears run on bank deposits BUENOS AIRES, Argentina, April 19 — Argentina will shut down its creaking financial system indefinitely starting next week, the Central Bank said Friday, amid fears an exodus of deposits. THE CENTRAL BANK declared a banking and foreign exchange suspension beginning Monday, citing a shortage of cash in a system that has bled an estimated 10 percent of total deposits since January and forced one major Canadian-owned bank to close temporarily. “The bank has decided to ... call a banking and foreign exchange holiday from the close of trade on April 19 (Friday),” the Central Bank said in a brief statement. It gave no further details. A wholesale collapse of Argentina’s financial system would be catastrophic for Latin America’s cash-strapped No. 3 economy, battered by daily protests by depositors furious at a savings freeze and by jobless workers outraged at deepening poverty and rising unemployment. The Central Bank earlier forced Canadian-owned Scotiabank to halt most operations due to cash problems, raising fears the government may be unable to prevent a banking system collapse. The 30-day closure of Scotiabank Quilmes, a unit of Bank of Nova Scotia, is a high-risk strategy by the national leaders, effectively telling foreign banks to either protect their local units with new cash or face closing them down. “If they think it will be impossible to operate in Argentina, no one will want to stay,” one bank analyst said. “I HAVE 12 PESOS ($4) TO LAST ME” msnbc.com