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To: Lucretius who wrote (19592)2/13/1999 9:48:00 PM
From: Copeland  Respond to of 86076
 
We should be calling you Gaius Ursus.




To: Lucretius who wrote (19592)2/13/1999 10:11:00 PM
From: Moominoid  Respond to of 86076
 
I don't see, now, why this 9 month or so cycle is going to be a lot different to the last few. At the moment we are in the sideways bit like Sep 97 and May-Jun 98. Then there'll be a premature attempt to go higher which will crash and burn. How much is any one's guess from 1100 on SPX only to the more catastrophic ideas. But I don't see (on TA grounds) a crash right away. History's other big crashes don't just fall off a trading range at new highs. Maybe off a trading range after the high has already been left behind or in the reversal of a peak. Besides Korea, Thailand etc. are now showing some recovery. Our Aussie dollar is back at 65USc from 55 at the bottom. I'm thinking of buying units in a global resources (equity) fund based here pretty soon.

BWDIK

David



To: Lucretius who wrote (19592)2/14/1999 3:18:00 PM
From: waverider  Respond to of 86076
 
Bull.

<H>



To: Lucretius who wrote (19592)2/15/1999 12:40:00 AM
From: Copeland  Read Replies (1) | Respond to of 86076
 
Tokyo stocks remain firmer in afternoon, banks lead

TOKYO, Feb 15 (Reuters) - Tokyo stocks remained in positive territory in afternoon trading on Monday as bank shares rallied on expectations the troubled institutions would quicken the pace of their bad loan write-downs.

The banking subindex (^NBKS - news) added slightly more than one percent following Friday's decision by Japan's Financial Reconstruction Commission to inject public funds into major banks. Additionally, the central bank's credit easing on Friday has helped banking issues, traders said.

At 0502 GMT, the Nikkei 225 average was up 61.33 points or 0.44 percent at 14,035.02. Nikkei March futures stood 70 points higher at 14,040.

''The market seems to have taken the reduction in interest rates as a positive factor,'' said a trader at Nomura Securities Co.

The central bank on Friday announced a reduction in its target for the key overnight call rate to about 0.15 percent from 0.25 percent.

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