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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

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Nov 13 4:00 PM EST

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To: pater tenebrarum who wrote (48521)	4/28/2000 12:07:00 PM
From: Crimson Ghost	Read Replies (1) of 99985

Heinz: Agree on the dollar. But some things are differrent this time. These days countries and continents with collapsing currencies can't seem to get rid of their gold fast enough. Look at the Swiss -- can't wait to start selling as their currency gets trashed. The Euro carry trade undoubtedly will blow up as did the Yen carry trade earlier. But the collapse of the yen carry trade never did much for gold. Hopefully the end of the Euro carry trade will have a more positive impact. Currency carry trades come and go, but the gold carry trade seems to go on forever.

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