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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (343214)9/11/2007 2:40:15 PM
From: stan_hughes  Read Replies (1) of 436258
 
I share your thoughts on the Yen, although there's probably still a technical long trade in there if you can time it right. Longer term however I agree that Nippon Inc. gets priced out of the market in the unwind for having been such responsible savers all these years -- the Law of Unintended Consequences strikes again.

I still have conflicts in my interpretation of BDI vs SSEC, but maybe as some have suggested BDI is being skewed by agrarian rather than manufacturing forces, i.e. necessities can and will still rise in price even while everything else goes to hell in a purple handbasket -- homogeneity should not be expected. The overall outlook may become clearer if SSEC keeps up the swan dive, because if that's genuine, we could start seeing some serious collateral damage elsewhere.

And in that vein, I'm not sure what to think of the short term Cu strength here -- it might just be backward-looking technical support (which won't last if it's based on BS) or it might be the real thing, WTFDIK -- many, many things do seem to be converging towards either the Boom or Bust scenario all at the same time though, don't they.....
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