SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: DD™ who wrote (713)9/4/1998 4:09:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
re:Brazil,Bovespa rallied back a bit from a 12% loss at worse. I think that took the pressure off anxious hedge funds and other big players who were selling S&P futures to cover themselves over the weekend and allowed the pent up buying to come through at the end. Bottom line is it produced a test of the 7400 area. Looks like another crappy week overall but we may be closer to that elusive inflection point and it is possible we saw it today but I sort of doubt it

Marc



To: DD™ who wrote (713)9/4/1998 4:10:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
** Market Summary **

Living for the weekend................

Good and Bad News:

The bad: I expected an up day of about 70 DOW points. Instead we closed down 43 points but not after a test of the lows and then a rebound.

The good news: After being 180 down during the final hour in a testing phase, we rallied back strongly.

Russia has stabilized somewhat politically. Brazil and Latin America has taken its place on the worry list for now.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News