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


To: Tom M who wrote (27442)9/11/1998 11:29:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Tom: The Rev. Jesse Jackson being interview on CNN for offering pastorial services to the Prez. Gee, does anyone know "any church" of which Jesse has been the Pastor of Record....for...let's say the last thirty years?

Regards,
The Rev. LG

PS: Whoops....I forgot....that is Brother James's title.



To: Tom M who wrote (27442)9/11/1998 12:33:00 PM
From: James F. Hopkins  Respond to of 94695
 
Tom ; If what you read is correct, then the rest makes sense, but
let me caution you not all we read is even close to correct,
if they don't give specific details you can check out I'd have
some reservations, there is just so much in the so called news
that is put there to hopefully enhance the writers position, and
it can be hard to separate the truth from the hype.
In my looking at the funds I track, ( and mind you that's a very
small amount of the overall ) but I do not find them short of
cash, or in any bind towards redemption's, it looks to me they have
anticipated them and have raised cash levels.
Also I don't see them margined at all right now.
I think maybe the offshore hedge funds might have some of this
kind of problem, but I can't get any information on them that
I can count on.
Jim



To: Tom M who wrote (27442)9/11/1998 2:19:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Tom; Let me ask you about,
re> don't the funds HAVE to sell between now and the
end of October? And won't that start the waterfall of fund manager liquidations as they race each other out like Oct 27?

perhaps OCT27 is meaningful to you in a way I don't understand,
what happens at the end of OCT that would cause a sell off at
that time other than at any other ?
-------------------
At any rate I still see some down side the most likely trend,
but just miss the meaning of the last of OCT.
Jim