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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (44767)1/15/2004 4:49:18 PM
From: elmatador  Read Replies (1) of 74559
 
What's happening in the market:

1) Market stop for breath pending the G-7 meeting in february.

2) Fears of new Plazza Accord of 1985 is on the air.

3) But the G-7 meeting is about the US saying: "This is going to hurt the G-7 and we need some concerted action." The Eurozone nods approvingly.

4) And we need to do that on the back of the Asians. Everyone nods approvingly.

5) The Asians are not there, mind you. As a result there won't be any concrete action that chnage the status quo nd the road to Jay's TEOTWAWKI.

6) Sell USD on the dip before the G-7 Meeting. The tendency is inevitable.

7) Bush make up of the economy for political gains will ne more apparent than never. Perhaps even pezz will notice!
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