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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: John Madarasz who wrote (37142)6/19/2002 12:10:13 AM
From: Square_Dealings  Read Replies (1) of 52237
 
I think the Fed would like the dollar to come down slowly. The problem is that once its clear thats the direction, its hard to control a free fall if it gets going.

So they hired O'Neill to repeat endlessly that he's in favor of a strong dollar. Meanwhile he's throwing government employees and civil service retirement funds along with the kitchen sink at the stock market.

US financial system is a house of cards imo.

M.
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