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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (22640)	1/15/1999 9:25:00 AM
From: gerard mangiardi	Read Replies (1) \| Respond to of 50167

Ike my two cents on the world economy right now. I think asia is past its low point including Japan and I think that Brazil is a net positive as it needs to stimulate and devaluation is a step in that direction. My guess is that the markets are realizing this and any declines we may experience are due to other factors that are being masked by these events.

To: IQBAL LATIF who wrote (22640)	1/15/1999 10:05:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Idea is once again hits the nail on the head.. a home run on Brazil---Last night I wrote that ''On SPH I think if we test 1214 and break this we can go up to 1292 but Bovespa will bounce off ferociously at 4500-4900 level.'' As I see Brazil up 18% I look at this post of mine-- IQBAL LATIF on Jan 15 1999 4:53AM EST Idea of the day on Brazil -- "Parallels drawn with Russia are wrong. Practically all Brazil's domestic debt is owned by domestic investors and so the government doesn't face the danger that foreigners will pull their capital out all in a rush," said Peter West, chief economist at BBV Securities in London. So does this mean that supports are buying opportunity...!! Idea----Ces't le magique----