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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (14838)10/26/1998 10:43:00 PM
From: RockyBalboa  Respond to of 18691
 
JTC, good news (?)

So Germany will cut rates immediately, if they do not want to put additional risk towards the EURO or they devalue the Lira just before the conversion. Still the Bundesbank is not the same as the social-democrat government but "independent".

But the USD is up 2,4 pf (2 cts), the market tells a lot. If a stronger dollar should be prevented, another USD interest rate cut is possible.

Does not provide clear signs for a direction in the stock markets.

C.



To: Joey Two-Cents who wrote (14838)10/27/1998 7:41:00 PM
From: Kip518  Respond to of 18691
 
JTC, more cheery new -- biz.yahoo.com

Russia seeks additional food aid. Appears with their president incapacitated (perhaps dying), civil authority breaking down, communists back in power, soldiers are getting even more hungry. There be cold winds blowing from Siberia this winter!

Also see stratfor.com


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