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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (64126)	5/29/2003 11:24:11 AM
From: Trumptown	Read Replies (2) \| Respond to of 94695

what do your indicators say t'day?

To: William H Huebl who wrote (64126)	5/29/2003 11:27:50 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Old tricks. Foreigners need to export to the US, which is perceived to be the World growth engine. They are fighting deflation at home. Here is how this goes: They have HUGE trade surplus with the US, but they don't allow their currencies to rise. Instead, their CBs are buying US treasuries as reserves to offset trade imbalance, and more. The game goes on, and on, and on. For now, the game did not change, just the trade imbalance grew bigger, so the dollar fell? They may never decide to sell.