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IDS World Markets 4/11/03


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Posted

Waffly sort of day here with All Ords up a touch. Not bullish by any stretch of the imagination but bearish is too strong a word, how about neutral? Seems rest of Asia fairly lackadaisical as well.

 

The golds hanging in, mostly minor downside except for Newcrest +3% after its pullback yesterday.

 

More thunderstorms today only we've got hail as an extra. At least its not cold...

Posted

Japanese co.s throw in the towel on pension funds. They now are the govts problem. And, predictably, NIKKEI and TOPIX head to Gulf War I levels once again. Precursor for U.S. pension funds and markets for Gulf War III?

Posted

Enjoy your holiday Doc. you deserve it and have a great rest. This market will not be going any where in the first stage of this war.

 

Best wishes.

 

Oilman

Posted
Nikme only down 28.

 

Spoos unch.

Get yourself on Holiday Doc......what you doing here today?

 

I second that.

 

Is this going to be a real vacation or a one-eye-on-the-monitor vacation?

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