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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (3056)12/9/2003 4:58:38 PM
From: mishedlo  Read Replies (1) of 110194
 
My reply to the following statement made on my board on the FOOL
The dollar is going to force their hand....

The US$ did not budge today
Furthermore the US$ will not force their hand anyway
I actually believe in spite of all this strong $ bullsh*t talk, they actually want it to fall.
Nor will gold force their hand in spite of what all the goldbugs say

The only thing that can conceivably force their hand is a bond massacre, and even then I doubt it.

Bonds rallied on the initial announcement and the fact that "considerable period" was left in. Bonds sank as did the market when the bias was half-assed changed

Now what do you think the bond and stock market will do when the bias is really changed?
In short, the bond market will get killed if there is a bias change

Therefore, it is extremely unlikely until after the election.

M
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