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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: zebra4o1 who wrote (16464)	11/21/2004 10:39:26 PM
From: yard_man	Read Replies (1) \| Respond to of 116555

I tend to think a little more -- conspiratorial, I guess. Why not just give the signal that they are concerned?? -- get enough people looking down, so that there is "support" from time to time on the way down. Whole discussion sounds like they are trying to engineer a little support for the dollar. What CBs don't want is a huge quick move to the downside -- they'd like the dollar to drift down slowly -- in a controlled manner. The Japanese aren't stupid -- US consumer can't go on buying carp at this rate forever -- there has to be a "plan" for the future that allows for an adjustment.