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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?

To: inchingup who wrote (3005)	9/28/1998 7:52:00 AM
From: WFHSR	Respond to of 5908

Good Morning FM CNNFN THIS AM STOCKS: The stock market is overwhelmingly confident the Fed will cut rates on Tuesday, and is beginning to increase its expectations on the size of the cut. This sentiment is likely to remain a key underpinning factor. However worries over hedge fund losses will throw some cold water on the market. As third quarter earnings begin to stream in, traders will be bracing themselves for further evidence of emerging markets damage to corporate earnings. DOW: Closed Friday at 8028, up 26 points NIKKEI: Closed at 13,909, up 186 FTSE: 5052.6, down 8.4 DAX: 4578.27, up 16.69 S AND P 500 Dec INDEX FUTURES: 1054.00, up 3.00 ENERGY: NYMEX Nov crude futures will likely trend higher given supportive fundamentals such as the impact of Hurricane George on US Gulf oil producers. However, many players still perceive some technical weakness. IPE Sep crude $14.50, up 7c NYMEX (Access) Oct crude $15.83, up 8c METALS: Signs of further turmoil should buoy gold prices after safe haven buying came as investors became spooked by the news of the bailout of troubled Connecticut-based hedge fund Long-Term Credit Capital Management. Gold at $293.25 vs $296.20 late in NY Thurs -- Good morning from Bridge News WFHSR