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Strategies & Market Trends : Classic TA Workplace

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To: pater tenebrarum who wrote (29336)	1/25/2002 9:21:51 PM
From: Haim R. Branisteanu	Read Replies (1) of 209892

Heinz, Last December Japan was selling Yen and buy Euro's driving the Yen lower and the Euro above 0.90. Now it seems after O'Neil visited Japan they started to buy UDS (US treasuries) and sell their Euro's. Who knows what agreements were reached in O'Neil last trip, but IMHO the reversal will be disastrous as the whole thing of US relative productivity is buried under mountains and mountains of debt.......... aside of the US relative productivity, being a MYTH as I do not think that Japan or Europe or SE Asia are less productive ......... after all how fast can one type or draw or send an e-mail, fax or scan an item into inventory. The most amazing fact is that by changing 2 or 3 sentences in a convoluted speech his opinions are now predicting a recovery versus a second (W) type of recession. AG speeches remind me of the Mafia movies discussion when they knew their words are watched. Trust me in WWII AG did not need the ENIGMA to forward a coded message. <GGG>

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