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To: Enigma who wrote (96311)11/17/2003 10:05:20 AM
From: Real Man  Read Replies (1) | Respond to of 116764
 
I think a lot of usual connections are screwed up due
to derivatives. People are taking a position in something,
then short the other correlated asset as a hedge. For example, bonds and dollar. Long bonds, short dollar as a
hedge. Thus, they move opposite to each other, unlike the
old times.