The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: futures speculator who wrote (36741)	7/23/2005 10:44:28 AM
From: russwinter	Read Replies (1) of 110194

<explain the counter-intuitive 1% rally in USD against ALL Majors and the rally in US bonds on Friday?> The Chinese very well could have been in the market intervening and coordinating the initial phase of their revaluation, as a demonstration. Judging from FCB activities of late, they appear to have built up undeployed (to the traditional Treasury and agency market) USD reserves that would be available for this. More perverse behavior coming if so, and if they persist in holding the line at only 2%. <Will big terror attack in Egypt trigger another strong stock rally Monday?> Chance to get the VIX down to 9. <ng>

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