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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (6469)10/27/1997 10:22:00 PM
From: RADAR )))  Read Replies (1) | Respond to of 79270
 
Sergio:

Rubin will continue to speak, but Greenspan words will get more attention by the financial markets. Rubin is political whereas Greenspan is listened to because of his direct influence on the markets. I wouldn't be surprised that some preemptive comment is made by Greenspan in an attempt to stave off "irrational exhuberance on the sell side". Of course, Greenspan could be quite happy to say I told you so, but I doubt it.

RADAR



To: Sergio H who wrote (6469)10/27/1997 10:49:00 PM
From: Instock  Read Replies (1) | Respond to of 79270
 
Sergio: Thats good "Irrational lack of exsubarance" lol Greenspan will be the friend of the markets on wednesday. I too would not be to surprised if HE or one of the higher up Federal Reserve people make a statement Tuesday.
Rubin made a statement tonight. I can't quote him, but I did like the points he made and the assurances he made.

As far as Hong Kong and Japan, I would expect that by the close of trading today, their markets will still be down but not as down as it currently is. Its still morning panic time for them at this point.

Instock