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To: JF Quinnelly who wrote (4590)	8/27/1998 9:40:00 PM
From: robnhood	Read Replies (1) \| Respond to of 86076

Wow , that's low.. I think (could be hope) the way the picture is shaping up, something might snap this whole picture around quickly. <As earlier reported, the macro plays that the crisis has produced are a strong dollar, depressed commodity prices, fears of global deflation, faltering equities, safe-haven buying of U.S. Treasuries, neglect of gold and liquidity-providing central banks that are operating in a crisis-prevention mode. When the cycle turns, the same crisis trades will then come off - and probably with a vengeance. > Message 5586337 russell