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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (13746)	11/8/1997 8:01:00 AM
From: Terror	Read Replies (1) \| Respond to of 50167

Iqbal: Enjoy reading all of your posts. However I feel you said it all and I quote you. "I think longs will do better in these markets then shorts". That is a profoundly wise statement that I also believe you can go to the bank on. Thank you for the education. Just like Wall Street Week with my friend Louis. Happy trading, Marcie

To: IQBAL LATIF who wrote (13746)	11/9/1997 12:53:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 50167

How Brazil Scares Korea, and Vice Versa A lot of speculation around the world has been financed by borrowing at Japan's incredibly low interest rates. If Japan's economy ever strengthens and rates rise, that could be a big threat to many markets. A weak Asia makes that less likely and can keep the speculation going. nytimes.com Logically, Third World bond markets ought to stabilize before their stock markets do. Buyers of Latin American Brady bonds are now getting about 6.2 percentage points above American Treasuries on the part of the loan not guaranteed by the United States, nearly double the figure a month ago. Given the American public's belief in stocks, it is unlikely that the stock market here will collapse. Even with Friday's 102-point drop, the Dow Jones industrial average was up for the week. But the risk remains that more evidence of unexpected and unwise speculation will emerge. We may be just starting to learn how interconnected world markets now are.