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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (5148)1/15/2004 2:14:54 PM
From: Real Man   of 110194
 
I agree, you made something - dollars. I think the
derivative market is holding this mess together, on Fed's
promises. JMHO.
Mish, 4.2 Trillion dollars invested by folks in other
countries lost real money cause of the dollar decline.
If they just stopped buying, and they are - they cut it
almost in half in the past couple of months - the dollar would go
down more. God help us if they decide to sell - say, 50% of
their holdings in 3 months! That's called a dollar run.
Greenspin is making this happen.
We came pretty close to it, and all we got was blub from CBs
to scare the dollar shorts. Ain't gonna last, IMHO.
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