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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (16987)6/12/1999 9:21:00 AM
From: James F. Hopkins  Respond to of 99985
 
Hi Monty; Well the pundits talk about the rates going up,
but not about who is doing the selling, wouldn't it be nice
if CNBC did a special on the Yen Carry Trade.
Well any way this sort of thing has Mo Mo too, right now they get
a bonus of getting out while the dollar is high.
Remember thanks to CreemSpam, they bought our stocks at a full
10% discount to what we could have bought them back in Oct.
Look at the dollar index.
I can chart the dollar index, but don't have the data ,what I would
like to see is a S&P500 index that's "adjusted" to the dollar
index, the one we see is not only dressed up like a high class
whore hiding her flaws, also her pimps arrange for discounts
to selective foreign fraternity brothers right under our nose.
Jim