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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (10294)3/17/2004 8:24:46 AM
From: austrieconomist  Respond to of 110194
 
On a trend basis I believe you are right. There are a lot of positives for Japan which impelled me to establish a position there. However, that was before BOJ undertook this currency debasement policy to an extreme. Yes, I know that Japan has a history of currency intervention, but the current monetary policy will be destructive. I just don't want to time the trading of the current recovery.