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

To: thebeach who wrote (19917)	9/4/1998 5:32:00 AM
From: George Mc Geary	Respond to of 50167

Beach, France and Germany both up nicely form .3 and .2 respectively they are now up 1.9 & 1.69. Maybe Brazil and Venezuela are not as bad as they were thought to be yesterday. Remember on CNBC Wednesday, Art Cashin said that Friday might be up after Thursday would be down? I like the guy think he knows what is happening most of the time, he should he has been around long enough. Nite now, I need a little sleep.

To: thebeach who wrote (19917)	9/4/1998 5:50:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 50167

thebeach; RE:" S&P futures " >There must have been an event... In addition to SP98U/SP98Z, watch JY98U/DM98U - the S&P traders appear to be taking their cue from the USDollar. -Steve

To: thebeach who wrote (19917)	9/4/1998 8:20:00 AM
From: IQBAL LATIF	Respond to of 50167

I wrote it yesterday-- the play was Europe sold off on $ weakness-- now I need you to go back on the charts I look at DEM/$ and DJIA-- I could see back in Oct CAC and DAX suffering as result of $ weakness- once $ started strengthening we saw that famous run from lows to highs on DAX and CAC-- now when $ tested intraday lows of 1.72 and change market panicked gold sped up so did oil but actually Europeans realised that productivity gains were enough for them and market should not further weaken as a result of $ weakness, last time we had this 1.68 on Dollar Mark the markets in Europe were reling at 2800 on CAC and some where at lows on DAX-- they expected a similar declines but what the traders fail to know is the undercurrecnts and efficiency gains we had over this period in Europe-- also Europe as ECU emerges is seen as a safe haven, no selling on futures made these guys to run for the cover-- this is all explained in my yesterday post on $ weakness I wrote clearly Europe weakness is just lack of understanding of fundamentals- they got it finally right later in the morning-- now the whole thing is working in unison- when my strategies work I love it it is not about money it is about understanding of dynamics of global economy its repurcussions and its impact on economiy and markets- here on this thread I make economic issues translated into raw facts--