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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (90181)	7/2/2002 3:10:25 PM
From: t2	Respond to of 99280

Since the Dollar index is rising, it looks more and more like the PTT is busy with the currencies. They are trying to give foreigners investors in US stocks and bonds a sense that the dollar decline is over. Why? So that they will not bail out of US securities (at least on currency concerns). I guess it is not working too well. <g> It could be worse if the dollar was also tanking today. Maybe that is rationale behind currency interventions that we heard read about lately. just my hunch