Crystal Ball Predictions Message Board

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Strategies & Market Trends : Crystal Ball Predictions

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To: SirRealist who wrote (16)	9/27/2001 10:17:01 AM
From: Crystal ball	Read Replies (2) of 19

Marked to Market: The reason the markets are down is that the Japanese Banks and investment houses under the reforms are required to mark to market values today, and rather than hold stock equity, they are selling and holding cash, that is US Dollars, thus the intervention by the Japanese today selling yen to buy US Dollars, and likewise the downside selling volume across all US markets today. Then like mutual funds the Japanese will buy and we will have a rally in a few days. I am, Truly your$, -Crystal Ball P.S. What about all those ignorant people that will live to be even more ignorant next year and spread their ignorance around killing and causing more hunger.... a most Malthusian future.

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