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

To: j.o. who wrote (22202)	8/5/1999 6:10:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 99985

Well the dollar put in a bottom right with the stocks this morning, if you think the little guy can match the way the Bank Yakuza parlays and coordinates their trading think again. While the market spike down and back up , and has some mo mo to go higher I don't think it will break out of the down trend as soon as they get some more mullets back in they will hammer her again. ------------------------- I see CNBC talking up Buying opportunity , as usual, do they ever say it's a selling opportunity ? My new Dollar Volume Index was positive for the day, and short term that don't look bad, but new buyers better use caution as they can stop the music in a heart beat. I don't have any reason to think they will jam the dollar down another 3 to 4 % except that's what they did last year, and if they can squeeze margins they pick up assets cheap. ------------------------- It works just like a short squeeze except in reverse, & they have the data and see things we don't even think about. No body beats the Banking Yakuza. Jim