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Posted by
BradyNet
(
Friday, December 5, '03
)
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<On the outlook for Argentina's debt, the analysts were decidedly negative, recommending either an underweight or no position. In addition to the long-pending restructuring of nearly $100 billion in defaulted sovereign debt, critical economic reforms remain in limbo. Speaking after the Wall Street debt strategist panel, Argentine Finance Secretary Guillermo Nielsen said Argentina is open to reasonable proposals that don't compromise the country's economic recovery. The clear implication is Buenos Aires isn't open to a deal that requires a high primary fiscal surplus. Yet its creditors refuse to submit to the government's desire for a small primary surplus and a huge nominal reduction in the face value of their holdings. "A primary fiscal surplus of 2.5% to 3% is just not going to make it," said Goldman's Leme. "I would sell Argentine bonds." Even if a restructuring deal is reached, ABN's Porzecanski said, "a significant minority" of investors wouldn't agree to it. That means they'll press their claims in the courts……>
http://online.wsj.com/article/0,,BT...
Any way, let us just watch the market now, cause maybe I am just wrong, like always!
Good Luck!
Right, at the moment no need, but if any large and bad event happens, it might be the case, that is what I am trying to say. I also realy do not see a lot of people holding cash at the moment, the liquidity that was pumped in after september 11th, is already inside risk.... This is why markets have gone up, more buyers than sellers.... Liquidity is already alocated twards risk at this point and expectations are high again....
Not a vey safe time to be increasing exposure to risk in my opinion...
But maybe I am wrong again, as always!
Let us just see how it goes!
Good Luck!
Two events only may turn back this tide: Inflation, or Fed tightening. Until one of those happens, no asset px collapse can be too deep or last too long. Welcome to carry-country!
My past experience does not allow me to believe in that very mutch, but maybe I am just wrong, as always!
Good Luck to you all, got to go!
If you are levaraged, worst, no bottom fishing and imediate selling, at any price....
And realy do not see a lot of people just siting in cash any more.... What a See is 90% of players long risk, lot´s of them laveraged already... For them, no bottom fishing in the case it melts...
You all, after all the crisis we went through must know exactly what a mean....
History repeats itself in different but similar ways....
But even being very nice to hear that after all these crisis, will still saw panic selling in all of them....
Cause when things are not priced in, every one tends to try to get to the other side, at the same time. People start levaraging, and when you are leveraged and something lke this happens, you just have to sell at any price cause of margin calls, I believe a lot of colores already had that experience before....
Yes, that was the speach after the russian crisis, and after the asian crisis, and after the tequila crisis, now also after september 11... Let us just see if there will be realy no panic selling, but as markets are going up for about 15 months in a row, panic selling would only be defined after a first 20% drop in USA stocks, or 60% drop in Brazil stocks right?
:~((
p.s. haben gestern bei einem test heraus gefunden dass die lokalen jungle-chips ohne probleme in unseren cellphones funktionieren! Amarjit hat gleich ein angebot fuer ihr GD55 fuer 20 mille erhalten aber dankend abgelehnt.
Guano<h>uevo 12 live 94.00-94.75 Guano<h>uevo 30 live 71.75-72.5
Mendoza strong
do you have any pictures of the meeting?
1) Make watchlist of SchalStocks, Fox schtock, pillzstock 1a) Think about what bet I can follow, read news.
2) Look @ graphs to find oversold schtock.
3) Sell when Caribinho says to.
4) Never, but never second guess Schpal Wisdom or Vodoo.
Maybe I should drop 1a) and do 2) more carefully therefore.-)))
My Dear Friend Wally,
I got your contact in my search for a trustworthy foreigner that will assist me , as I don't even know whom to trust so I allowed the spirit of God to lead me.
Firstly let me introduce my self. I am Mrs. Claudia Williams, wife of one Personal Aid (P.A) to the former Liberian President Charles Taylor who now is seeking asylum in Calabar, Nigeria, West Africa. My husband was controlling part of his wealth blessed with a <<<huge deposit of funds...>>>>
<philly>: shall we advise the lady to apply for a job as number 6a?
< Respuesta a los acreedores en Nueva York Nielsen: "La quita de 75% es por cumplir con el Fondo Monetario" El Secretario de Finanzas expuso ante operadores en los EE.UU. y aseguró que la condición de los organismos como "acreedores privilegiados" que no sufren quita, obligó a la Argentina a ofrecer el pago de la deuda con la quita de 75 por ciento<<<>>>>
yes <advice>, in fact we did discuss this topic and it was me who was most interested to bring it up. the general consensus was that markets won't be affected too much even if a terrorist attack of the magnitude of sept11 would happen. most investors have learned their lessons and found out that panic selling only benefits the bottom-fishers (as was the case in sept 2001).
i did not fully agree with most other colores and mentioned the possibility of a terrorist attack by means of a "dirty bomb" which could paralyze a financial center like wall street not for days but for a much longer period.
And if you play it vely vely schlowly backward , you may even see a melting Braziiiil...
Dangerous times ahead!
<El presidente Hipólito Mejía favorece el retiro definitivo de las tropas dominicanas que están en Irak como parte de la coalición que encabezan Estados Unidos e Inglaterra, informó hoy el secretario de las Fuerzas Armadas, teniente general José Miguel Soto Jiménez.> El nacional
Tell me, did you speak about any possible terrorist attack a major one for the short term?
I hate to be a bad news bringer, but you know that when news were getting good, I was also the good news clamer...
Pelegrino Wrote:
<Participação dos investidores>
Separadas por grupo de investidores, as aplicações realizadas pelos investidores institucionais na Bovespa lideraram a movimentação de novembro, com participação de 31,5%, ante 29,9% de outubro. Em seguida, as pessoas físicas voltaram a ocupar a vice-liderança, ao elevar a participação de 24,2% para 25,3%.
Na seqüência, ficaram os investidores estrangeiros, que passaram de 26,2%, em outubro, para 24,8% em novembro; enquanto as instituições financeiras reduziram a movimentação mensal de 17,1% para 13,6%. Já as empresas passaram de 2,3% para 4,4% e outros ficaram com 0,4%, ante 0,3%.
Fundacao e PF comprando, banco vendendo e forum euforico... hehehehhe... jah vi esse filme uma pá de vezes... continuo na venda...
Olhô, levô!
glub.
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