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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (44735)11/25/1999 10:02:00 AM
From: James F. Hopkins  Read Replies (1) of 94695
 
Bill; Look at the longer term dollar chart
charts.quotewatch.com
and figure when the market sold off last year and this year,
the big money boys who also have a lot to do with currency moves
parlay their plays buying with cheap dollars and selling when
dollars hit their high.
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We need a TOBIN TAX on big dollar trades to stabalize this.
Use it to fund the IMF and give 1/2 the tax back to the
country who's currency is being sold ( or shorted ) otherwise
we will never curtail the manipulators.
Let the ones who profit on these huge currency swings fund
the IMF , instead of just handing them money on a plater.
Jim
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