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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: randy kay who wrote (11485)12/13/1997 1:08:00 PM
From: Roderick Ciferri  Read Replies (2) | Respond to of 94695
 
<<A group of international politicians bailing out any country that needs help sends the clear and dangerous message to other countries that there will always be a safety net.>>

I agree with this...I can see bailing out Mexico, a country with which we actually have some fair trading rules...but Korea? Maybe I'm being a bit simplistic but if Korea is anything like protectionist Japan...what's the point? Is there really that much of a market to protect? IMHO, the billions we are going to spend to bail out SEA would be better spent shorting their currencies and stock markets till these protectionist countries cry uncle...then maybe bail them out in exchange for a real commitment to free trade -- not just lip service like weve been fighting for for years....let 'em bleed a little -- it's probably the only way to get their markets open in the long run...

Rod



To: randy kay who wrote (11485)12/13/1997 1:14:00 PM
From: Hawk  Respond to of 94695
 
Randy

I agree with you about sentiment. The market
is not going to tank while everyone is so
negative. As a contrary indicator have you
seen the number of post on the Mohan thread.

Marc



To: randy kay who wrote (11485)12/13/1997 2:55:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Hi Randy,

"and you know what happens when everyone scrambles for the same lifeboat"

... yeah, bonds go higher!

And I got this from the Jokes thread - was on a bumper sticker: " All generalizations are false."

Bill