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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (44436)1/8/2004 10:03:19 PM
From: elmatador  Respond to of 74559
 
C Bonds went higher than 100% of face value for the first time.

Bovespa Index broke another record.

Risk fell to the lowest value since 1997 412 base points. (Risk is calculated by JP Morgan Bank according to the value of the paper of emerging countries.)

As long as the US supports a policy of devaluating the USD things will proceed this direction. Once the US decides to increase interest rates things go the opposite direction.



To: TobagoJack who wrote (44436)1/9/2004 10:10:59 AM
From: chris714  Read Replies (1) | Respond to of 74559
 
I just picked up CRESY here on the dip at 11.08.

I believe that this one has usually been a good buy on large dips in the past.

Chris