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

To: stockman_scott who wrote (22621)	7/18/2003 4:29:20 PM
From: Jim Willie CB	Read Replies (4) \| Respond to of 89467

USDollar takes a lunchtime dump, dont forget to wipe quotes.ino.com at 96.50 this dollar rally is pure controlled intervention Euro Central Bank and the USFed are behind it USGovt federal deficits are escalating dangerously US trade gap is ballooning dangerously all fundamentals are worsening except comparative Euro vs US long rates the clownbuck has hit longterm resistance from downtrend I will give 10:1 odds that the USDollar (DXY) hits 93 before it touches 98 but then again, this DXY index is meaningless the Broad Fed Dollar index is what matters it actually includes the Chinese Yuan with a hefty weight and give the JapYen a hefty weight also I call the DXY "the White European" dollar index it had relevance in the 1950-1965 years NOT NOW !!! / jim