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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (6834)11/11/1997 7:14:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 9285
 
Pancho, looks like Pearl Harbor day may be significant to RCMT. I will look into it.



To: Pancho Villa who wrote (6834)11/11/1997 8:49:00 PM
From: Carl H. Gotsch  Read Replies (1) | Respond to of 9285
 
Pancho,

To your analysis that Greenspan will not risk an interest rate hike for fear of further destabilizing world markets, you might add a little political economy. Right now the U.S. needs all the allies it can get. There is a lot of uneasiness internationally about where the U.S.Iraq policy is headed. Despite its vaunted independence, I don't think that will be lost on the Fed entirely. This is not a time to rock the international boat.

--Carl



To: Pancho Villa who wrote (6834)11/11/1997 11:01:00 PM
From: John Nowicki  Read Replies (2) | Respond to of 9285
 
"Disclaimer: The stuff above can be considered "Joe Batapaglia's style BS". I am not an economist! "

Well, I was (or at least the MA says so)and I think you are right on the money. If Greenspan raises, every Bourse in the world goes thud...possibly for a long time. What Asia does not need right now is higher valued US Treasuries (better than Gold in the modern world). The market is doing quite badly right now, thank you very much, and there is no irrational exuberance to contain. Plus, the devaluations in Asia mean lost o' cheap imports to contain pull inflation. Plan on a non action by the Fed.