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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: jkernan who wrote (14634)11/11/2000 4:23:37 PM
From: CAtechTrader  Respond to of 65232
 
jkerman, I am not saying the money goes to Switzerland, but everyone in the currency trading business uses Dollar/Swiss as a hedge...so it is a good indicator. Furthermore, most institutions I mange money for are foreign in domicile and you would not believe the calls I got this week. I resent your remark about "It is fears like yours that will cause our markets to decline"...quite to the contrary I urged them to do nothing and stick with us. For me to encourage them to move their money is to slit my own throat.