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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: Robert who wrote (341)10/4/1998 5:59:00 PM
From: Henry Volquardsen  Read Replies (2) | Respond to of 2794
 
Robert,

Thanks for the kind words. I am essentially a trader so I have the ability to change my 'professional' opinion frequently so it is not as applicable to an investors view. But as I look at the markets now I see a lot of questions that need to be answered that lead me to believe that at least some turmoil remains ahead. How long the turmoil last depends on how those questions are answered. FWIW some of the questions are; how will the Japanese address the problems in their banking sector and how quickly, will a support package be put in place to stabilize Brazil and by extension Latin America, how agressively will the Fed ease, will any other hedge funds hit the wall, will the US enter into protracted political paralysis associated with the pending impeachment proceedings etc. At the moment those questions are sufficient to keep the market under pressure, imo. Long term, I am very positive. But then I am an optimistic person, you need to be to trade derivatives.

Henry