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To: OLDTRADER who wrote (89803)1/18/1999 9:52:00 PM
From: BBG  Read Replies (1) | Respond to of 176387
 
>>>I just heard something truly meaningful;that Brazil may go to a currency board situation(Use the US dollar as that country's surrogate currency.<<<

Sir William...

Argentina announced the same thing yesterday... i.e. the possibility that is.... Argentine peso is already tied very strongly to the dollar (1 peso = 1 dollar)...

BBG



To: OLDTRADER who wrote (89803)1/19/1999 5:27:00 AM
From: Frank Ellis Morris  Read Replies (3) | Respond to of 176387
 
Good Morning William,

I like to get a sneak preview on how the markets will open in the morning by looking at the Globex. It is showing a weaker opening although through the day anything may happen.
Today Microsoft should be the star performer and I am hoping that the reported earnings will be good and help the trend both with Intel and Dell. The Japanese markets were weak and Hang Seng was down a little. Yesterday Brazil was up almost 5%. Yes I do hope today will be a good session here

Best Regards
Frank