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To: Haim R. Branisteanu who wrote (178982)	7/10/2002 10:13:50 PM
From: NOW	Read Replies (1) \| Respond to of 436258

well use me as a contrary signal Haim: i just cashed out a boatload of Yen, and foolishly bought dollars: shoulda bought canadian...

To: Haim R. Branisteanu who wrote (178982)	7/11/2002 3:17:14 AM
From: BigMoney	Read Replies (1) \| Respond to of 436258

perhaps it's the realization that foreign economies are gonna get facked if the dollar continues to fall. the initial cause of the dollar devaluation may have been stock market related (capital flight/repatriation - i.e., the US markets are facked, let's get the heck outta there). but right now foreign central banks are probably sensing that if the dollar falls any further, their exports to the american mega-consumers will fall dramatically, and that will hurt some already hurting economies, especially japan. a prop job may be in the works. but i think it will center around strengthening the dollar, not the stock market. if that's the case, then we could see the dollar strengthen, while the stock market continues to fall. BWDIK.