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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 12 4:00 PM EST

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To: HairBall who wrote ()	6/16/2000 6:26:00 AM
From: Box-By-The-Riviera™	Read Replies (2) of 99985

SOROS Friday June 16 5:42 AM ET 'Poundbreaker' Soros Says He's Lost Touch LONDON (Reuters) - Billionaire financier George Soros, dubbed in 1992 ``the man who broke the pound,'' said on Friday he had lost the magic touch that made him one of the world's most successful investors. ``I think I lost my touch some time ago. I'm like an aging boxer that should not go into the ring,'' Soros said in an interview with BBC television. Soros, whose funds total some $11 billion, recently overhauled his flagship Quantum Fund -- the world's largest -- following heavy losses in the wake of a worldwide slump in Internet and technology stocks. Soros reportedly made $1 billion from a $10 million bet against sterling in 1992 that helped force Britain's exit from the European exchange rate mechanism.

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