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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Voodoo who wrote (47288)	3/11/2004 9:44:32 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 74559

Hello Dr. Voodoo, I do believe that the dollar is open for a speculative run right now, I fear I do not know who or from where the catalyst will be? It would take some pretty deep pockets to push the boulder off it's perch, and I think it would have to be based in the US. No? No, not necessarily US based... All that really needs to happen is for investors/speculators to perceive that US$ based holding are less risky in times of uncertainty than holdings based in other currencies or lands foreign to the US. What happened in Spain today is just a small example. After the news of the bombings became known globally, there was a relatively small run on Spain's markets. The uncertainty in Spain did not result in a rush to the perceived safety of the US$ (this time), but it could have... KJC

To: Dr. Voodoo who wrote (47288)	3/11/2004 9:54:23 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Doc V, <<I just don't get the dollar thing at this juncture ...>> ... nothing to get, just that 13+% of the players want to swing the market one way to make some more money, before they swing it another way to make additional moolah. They will scare the most vulnerable positions on one side of the listing boat into moving, and that will scare others, leading to ... well, you know, tsunami. I believe Elmat is wrong in thinking that it is capital flight that is doing the swings. I think it is the leverage community ... a fraternity of pranksters providing a needed social service ;0) <<I fear I do not know who or from where the catalyst will be? It would take some pretty deep pockets to push the boulder off it's perch, and I think it would have to be based in the US. No?>> ... I believe they are all around us, in NYC, London, Zurich, Tokyo, Hong Kong, Singapore, Grand Cayman, and they talk to each other, scaring each other, as we do here on SI (see, let me try it on you, "how would USD 330 gold grab you?" :0) I think this is one reason why nothing goes up in a straight line, and nothing tanks directly down. This year will first belong to them, and then taken away from them. J