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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: augieboo who wrote (54399)4/22/2002 4:09:48 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
did you listen to the yardeni interview? Pretty basic--"market remains challenging,diversify and HOPE"----(a rough synopsis:) that is).
But the key remark i felt was his saying he was SURPRISED that market is responding so mildly to Argentina news, saying what is going on their "is a real mess". My explanation for lack of reaction is "DENIAL DENIAL DENIAL" by investors.
The Banks are NOW closed indefinitely in Argentina, this is getting major, and ALL corporate investment in Argentina may become a total loss. Max