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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (10338)	12/12/2002 2:13:26 PM
From: Jim Willie CB	Respond to of 89467

as junk assets turn to junk money, realmoney(gold) rises /jw

To: Crimson Ghost who wrote (10338)	12/12/2002 4:21:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

my projection (simple rule) -- USDollar to head to parity stockcharts.com[h,a]daclyyay[dc][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G the rectangular all summer long was 104 to 108.5 roughly some really impressive symmetry exhibited a 450 pt width maintained for three months I expect we will exit this tight box and head to 100 parity, with an overshoot USGovt goombas will proclaim an end to the currency correction but like the morons they are, a wrong pronouncement it will head lower, to next support line in mid-90's a 3-yr chart doesnt display pre-100 prices way back that is over three years ago, wow but parity in a general sense, in trade weighted terms relative to the JYen, no change in a while the damage done is versus the Euro funny, it happened just a week after a 50bpt ECB cut this is all engineered, allowed, fostered but the decline in the US$ will soon feed upon itself just like last spring and early summer target -- 100 my guess is 95 is coming very soon and PPTeam hoodlums with have their hands full keeping the floor from crumbling under stocks I dont deal with reasons why it will move far too many sitting on the horizon, and in our living rooms / jim