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Are you saying the S&P at Oct 18-20 is higher than today, and the turn
will be a move down to a lower level than today?
<P>Dick Simmons wrote:
<BLOCKQUOTE TYPE=CITE><FONT FACE="Times New Roman"><FONT COLOR="#000000">The
attached is the S & P 500 cash. There is support in this area and in
simplistic terms the next turning point should be around the 18 - 20th
October from above where we are at the moment.</FONT></FONT> <FONT FACE="Times New Roman"><FONT COLOR="#000000">Regards,</FONT></FONT><FONT FACE="Times New Roman"><FONT COLOR="#000000">Dick.</FONT></FONT>
<P> </BLOCKQUOTE>
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</x-html>From ???@??? Thu Oct 08 07:43:22 1998
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To: metastock@xxxxxxxxxxxxx
From: simon baker <s.baker1@xxxxxxxx>
Subject: Re: Dollar drop and T-Bonds
Date: Thu, 8 Oct 1998 08:15:31 +0100
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Fred,
Given that the recent sharp drop in the dollar is in large part due to the
Japanese government finally getting off its collective backside and taking
responsibility for its economy, the short to medium term effect should
surely be to strengthen stocks. Any comments? As one who has limited
exposure to Asia, it hasn't come a minute too soon!
On another, totally unrelated point, does anyone if it is possible to
combine mailboxes from different Eudora mail setups? I have several discs
containg mail and wish to put it all onto a Zip disc. Short of forwarding
all of the messages to myself, I cannot see how. Any suggestions would be
gratefully received.
Regards
Simon
>Any thoughts on how hard T-Bonds are going to get hit if the US dollar
>keeps dropping?
>Or will it be that stocks drop and lots more "flight to quality" money
>goes ito bonds?
>
>Fred
Simon Baker
Room 737
Department of Chemistry and Felix
Imperial College of Science, Technology and Medicine
Exhibition Road
South Kensington
London SW7 2AY.
Tel. 0171-594-5813 (work) 0171-371-4795 (home)
0171-594-5805 (fax) 0976-727621 (mobile)
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