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To: Mohan Marette who wrote (70257)10/8/1998 10:48:00 AM
From: Venkie  Read Replies (1) | Respond to of 176387
 
I have made a little on todays swing..I am going to luv this day...



To: Mohan Marette who wrote (70257)10/8/1998 3:24:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 176387
 
Forever the optimist, eh?

Don't believe everything you read, Mohan.

Also, I don't think Asia is going to pull us out of our own problems, namely an asset bubble and credit crunch that is ready to burst.

That's where you don't get it...America has some problems that are being reflected in the bank stocks.

As far as Europe...you're really pullin at straws bring up an interest rate cut from Spain...and the U.K. -- well, there's another asset bubble.

EUROPE CANNOT FURTHER BRING RATES DOWN WITHOUT DESTROYING THE COHERENCE OF THE NEW EURO. They are locked.

I have to get back to work.