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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jack Luo who wrote (10174)	4/7/1999 7:58:00 PM
From: pater tenebrarum	Respond to of 99985

OT Jack, true, china will hold the line until the WTO-accession is in the bag and probably for while thereafter. but i do not believe that they will let anybody dictate the terms of their currency policies. the primary issue for the communist party is to stay in power. if they think a devaluation will help them to avoid social upheaval, they will do it, no matter what. hb

To: Jack Luo who wrote (10174)	4/8/1999 4:35:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Jack: re: NSOL : it didn't conform to my expectations today, but it happened on low volume and i still saw signs of accumulation. just now i have found out what was behind today's decline. asensio was at it again! he issued a press release that basically contained a rebuttal of pru bache's upgrade in the form of various negative assertions, without letting us in on what they were based on. once again, the man tries to talk the stock down for the benefit of his own pocket. i suspect that he's afraid to lose his shirt on this one. i for one am not wavering in my commitment because of this. the increase in nsol's short position should provide us with a nice little squeeze eventually. keeping the short term faith, hb