John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Hawkmoon who wrote (9313)	5/5/2008 1:38:13 PM
From: John Pitera	Read Replies (1) of 33421

Hi Hawk, no I'm still long term bullish on the Yuan. I guess we can see that this is one of the reason that the chinese do not want the Yuan to appreciate too rapidly as the USD's, Euro's, JPY etc would be worth less. I my thinking is that the reserves they hold are over valued vs. the Yuan; but my principal concern is that the imbalances are so large as that they could be destabilizing at some point if they were shifted out of too rapidly. John

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