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


To: James F. Hopkins who wrote (11633)12/15/1997 12:59:00 AM
From: Elllk  Respond to of 94695
 
Jim

One thing that occurs to me about the overall precariousness of the politico-economico atmosphere is based on how easily an out of left field event could have a tremendous impact here. For instance, we have the very real health problems of Suharto and Yeltsin. If Suharto died tomorrow and Yeltsin died Tuesday we would probably have a crash. These events are not likely (though they are apparently quite possible) but considering their potential impact does indicate the current tilt of the landscape and its delicate balance (and they are occurences the impact of which would be totally beyond the control of any short term financial manipulations or bandaids though they are also occurences which under more normal politico-economic conditions would have very limited impact).

Larry



To: James F. Hopkins who wrote (11633)12/15/1997 9:19:00 AM
From: James F. Hopkins  Respond to of 94695
 
To ALL; DOLLAR has fell fast this morn on London exchange,
I'm busy this morn..we shold have a bubble..futures only say
up 4.5 but the are really over almost 17 above the S&P which is
a strong opening..however the dollar is being short sold in London
and has lost value in regards to most currencies far beyond
what most people will realize..and this will be
negitive when people catch onto it.
This market can't hold any rebound if the dollar keeps falling
movers and shakers will sell off stock take the dollars and get rid of
them before it falls much more..it's crap that a strong dollar hurts
us. A weak one kills us. The bubble today will be short lived, if
the dollar keeps falling it's down over 1.2% relitive..just
since friday and thats a lot of bucks..them that have cash might
buy bonds with the cheaper cash..so bonds may go up some,
and stocks with them but it's still bad for the stock market
laster this week..unless the dollar goes back up.

JIm