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

To: Rupsky who wrote (19548)	8/26/1998 5:47:00 PM
From: Rupsky	Respond to of 50167

Chuck, Welcome back and congrats! Tell us more about Russia, please. I'm still without a web site - and not likely to start one soon. I guess I leave that to my son who just joined Trilogy in Austin TX. Now I get some insights into the life at the software battlefront. Long hours seems to be the understatement of the whatever. Sure, there are rewards, but if the poor guy only had a minute or two to spend some of it. The economy will stagnate and interest rates will fall further if this goes on. Have a GREAT day Ullrich Moser

To: Rupsky who wrote (19548)	8/26/1998 5:49:00 PM
From: IQBAL LATIF	Respond to of 50167

Druckenmiller-- I just posted on a thread where I regularly contribute that I will not like to be on the opposite side of trade when these hedge funds place their positions. I have been calling for this drop in rates for quite some time and I have several exchanges with Lee on reasons for that. I think we will see herd will follow, I also listened to him as I wanted to know if Sorros has not lost his entire profits of the year in Russia, you have rightly questioned the logic of his explanation on losses. As I have written earlier the rumors in the market were that a major hedge fund is technically insolvent by removing this 'thorn' he has helped the European markets a great deal for a good opening in my opinion fwiw. I will expect DAX and CAC to stabilise and we may see some paring of losses today. I was watching that move from 110 to 50, I think overall a lot of question marks raised in our trading day in Europe are removed. I always have called this new move in the market as cup winners cup rally, I was happy to see that his points on Bonds, the need of cutting interest rates and Russia were not very far from my lonely position and voice on SI, but I am sure it is only the minority succeeds in this game.... Thanks for coming out of lurking mode or self withdrawal state, hope to hear from you more often.. Thanks. I have been in real estate for long time but nothing beats the action day in day out, try to be a part of this circus for a change it will definitely help all of us here.