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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.69+0.2%Dec 5 4:00 PM EST

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To: Challo Jeregy who wrote (27081)9/24/1999 3:39:00 PM
From: Walt Deemer  Read Replies (2) of 99985
 
From Barbara Rockefeller (Rockefeller Treasury Services):

Another interpretation might be that all these officials [Summers, et al] are deliberately lulling the market into a false sense of security. It is unusual for this debate to be played out so publicly. We could see massive joint intervention Sunday night, when only Asia is open.

Contrarian or not, this is our opinion. Do not go home long yen tonight.


[Emphasis added. Sorry, no URL available on this one. Barbara Rockefeller has more than 20 years of financial institution experience in currency trading, analysis and risk management policy.]

FWIW...
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