MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: HairBall who wrote (5685)	2/8/1999 11:23:00 AM
From: James F. Hopkins	Read Replies (1) of 99985

LG; Looks that way to me too, they have sold into every rally, but they can flip her on a dime. Still I can't see buying dips the YEN , and the Japan bond are being manipulated to high heaven. While Ruban keeps saying what they "ought" to do he was in on the secret deal that has caused this. It's simple but the news pundits don't seem to see it. When they manipulated the YEN higher starting in SEPT. It made those that had bought the Japanese bond with cheap YEN rich now they are taking profit by selling the bond and getting YEN back that are worth almost 35% more in a short time, this is running the interest rates up in Japan, which may in turn kill the dollar even more. What a web they weave when they learn to deceive. Jim

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