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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (18825)	5/7/2002 1:55:50 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi CD, <<stagflation ... derivative collapse>> I love it when folks talk dirty:0) I just made some fairly large-step treasury operation moves for business and personal a/c, generally out of USD and CHF, and into AUD. Checked on preparedness of JYen line of credit, and system is A-OK, ready to be drawn down at 120 Yen:USD. HK banks now offering 140% of value mortgage refinancing at 1.75% below prime. Prime here is the same as US. At 100% of value, refi can be had at 2.5% below prime. You are right ... stagflation city is where we are headed, new cars on blocks, gas lines, etc. Chugs, Jay