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To: Joseph Francis Torti who wrote (83248)12/2/1998 8:48:00 AM
From: Rich Young  Read Replies (2) | Respond to of 176388
 
CNBC this morning had a WSJ reporter on with a story about rumors Brazil might effectively devalue or accelerate the pace of "planned" devaluation of the real by widening the trading band targeted by the central bank. Brazil of course denies any plans to devalue but had no comment on the band-widening idea. Along with the Boeing layoffs, this could give "them" enough reason to bring the market down today, IMO.

Rich