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Strategies & Market Trends : SiliconInvestor All Stars Forum
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To: SouthFloridaGuy who wrote (1502)11/3/2007 8:59:15 AM
From: Real ManRead Replies (1) of 1718
 
As long as the Fed keeps cutting, the dollar will keep
falling faster, peggers don't matter. 400 Trillion notional
carry trade does. Borrow the buck and Yen at low yields,
invest in high yield currencies. Break the carry trade,
and we'll have a severe derivative driven meltdown.
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