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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: NOW who wrote (50394)12/21/2000 1:41:51 PM
From: pater tenebrarum   of 436258
 
eventually all those positions will have to be reversed...the buyers of stocks are fighting a new primary trend, and they're going to regret it. on the gold side, the size of the carry trade is huge...one day it'll stop working, same as happened to other carry trades that were long in the tooth before it.
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