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Technology Stocks : Micron Sucks! :-)
MU 207.36+3.0%Nov 21 9:30 AM EST

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To: eddie r gammon who wrote (1173)1/23/1998 12:33:00 PM
From: Defrocked  Read Replies (2) of 3244
 
Gold is up against dollar as unit gets slammed
over prospects of 2 yr limp duck presidency or
resignation. Greenspan's term up in June 2000 so
Rubin likely to stay and finish IMF coordination
at minimum before moving to Fed. FWIW.

Case can be made here that bonds are being sold
and moved into yen to dollar's detriment. Big
move in Yen/$ today, back through 90dayMA, and
accelerating. This hurts yen carry trades so
scramble could continue. Sets up highly uncertain
Feb auction IMHO.
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