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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lucretius who wrote (59916)9/1/1999 7:27:00 PM
From: pater tenebrarum  Read Replies (2) of 86076
 
i was thinking along similar lines...only i expect a breakout first, with intervention pushing the Yen back to the breakout point, followed by a resumption of the Yen's climb. the sheer weight of forced Yen carry trade unwinding should keep the effect of interventions well in check.
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