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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: goldsnow who wrote (1178)	9/15/1999 12:29:00 PM
From: John Paquet	Respond to of 1239

There are lots speculation on this issue regarding US dollar falled out of bed, but I really do not think so, as I mentioned before US has not cancelled it's strong dollar policy. When Treasury Secretary took over Rubin's job in Jyly, 1999. He re-em[phasize that he will maintain the same strong us dollar policy. Although YEN is over 40 moth hi, but even Bank of Japan did intervene one time or the other, Finance MInister of Japan and Governors of Bank of Japan they would not like stong Yen policy, So go figure, I bet recent surge in Yen is temporary scenario, after a while Yen will back down again to suit each country needs. You know Japan is a island country, they domestic economy largely depends on export, there weak yen will be in better position for their export business. Also, note that US dollar INdex is still far above that 100 level let along that 98 level, If it indeed breaks that 98 then I will statr to warn that strong US dollar policy may be changed, or else I stick what it is. Next GTR down 15 at $4.45 5cents below Yorkton underwrting price, soon within hours, I shall see GTR decisively crack that $4.40 support level as stop loss kick in a big sell off will follow. So far so good My little bit of forecasting. Watch out folks, I say it within hours it will crak that $4.40, then a big sell off will follow. John Paquet Look at SKG it move into .21 territory, I see lots buy order at .205 now, it was 721 lots buy order at .20 now move up a tick at .205, this shows some strength on the buy side. I hear NR is coming up, good news I was told. JUMP the gun buy few thounsand shares at .21 Folks before NR is out.