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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (968)10/29/1998 1:15:00 PM
From: Enigma  Read Replies (1) | Respond to of 3536
 
Paul - yes - but! The fallacy in your scenario is (IMO) that it just won't all happen at the last minute - it will become apparent as 1999 progresses that ti would be prudent to withdraw some cash, so we will have a smoothing out effect. not to minimise the problem, but not to be alarmist either. Markets discount events and this event is being recognised and will be discounted will it not? E