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

To: elmatador who wrote (55088)	10/29/2004 4:47:22 PM
From: TobagoJack	Respond to of 74559

<<renminbi reval>> ... no chance, or at least not likely, and so John Snow's China 'mischief' continues.

To: elmatador who wrote (55088)	10/29/2004 5:53:34 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello elmat, my wager is that the US rates will rise and the USD will rise, stocks will fall, unlike the guess here: reuters.com NY Fed-Slower cenbank buying would hit dlr, rates Thu Oct 28, 2004 03:20 PM ET By Victoria Thieberger NEW YORK, Oct 28 (Reuters) - U.S. interest rates would rise and the dollar would fall if Asian central banks slowed their recent heavy purchases of U.S. assets, the New York Federal Reserve warned in a report on Thursday ... ... and then Dollar will fall, but from a higher than now value to a lower than ever sum. The sequence could just as easily go: rates will drop, dollar will drop more, and stocks will rise a lot. Obviously the game is delicate, and we are playing for keeps. Chugs, Jay