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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (32117)4/23/2003 4:32:11 AM
From: Raymond Duray  Read Replies (1) of 74559
 
Hi Jay,

This 'pips' thing isn't very clear to me. What do these fluctuations amount to in percentages? My sense is Mr. Ogden may be making a mountain of a molehill, or an article out of a very thin storyline.

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Re: But the rising premium on Hong Kong dollar forwards could be quickly unwound if there were signs that the disease was being brought under control, he said.

And more likely if these speculators start a rumor of same. <gg>
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