Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (6055)	10/23/1998 12:17:00 PM
From: stephen wall	Read Replies (1) \| Respond to of 7006

Jim, RECY began to ease it's fall when the Fed began dropping interest rates, putting pressure on the yen and the Brazilian real. Now that they have cut again and a deflationary recession is perceived as avoidable and there is the continued perception of additional rate cuts which further pressures foreign currencies against the dollar, RECY has some breathing room. I think the ball is in Japan and Brazil's court to get their collective acts together. If they dont, look for further strengthening of the dollar. I am still nervous. stephen