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To: MythMan who wrote (334632)	5/2/2007 3:47:38 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

is this the bestest bull mkt ever or what? -g-

To: MythMan who wrote (334632)	5/2/2007 4:46:46 PM
From: Real Man	Respond to of 436258

Yes, I'm suggesting that we'll see high 70-s for the dollar soon, not a major currency crisis. Given that we are at 81.xx now and the current level of printing, which in the past has led to sharp dollar drops, I think 79.xx by July is a possibility -g- We were at 83 in the beginning of April before the printing started. A major currency crisis is the only way this mess could end. Whether or not high 70-s will trigger China, Japan and others to stop accumulating dollar reserves and sell, no clue. I agree, that would be a major change of behavior, which for now has been pegging local currency to the buck, i.e., BUYING US securities as soon as the buck dips. That change will cause a major currency crisis. Will it happen at 80, 70, or 60? Who knows!

To: MythMan who wrote (334632)	5/2/2007 5:26:23 PM
From: Real Man	Read Replies (2) \| Respond to of 436258

"The blue-chip indicator has now risen in 21 of the last 24 sessions - the best streak since the summer of 1955. Back then, the 30-share Dow climbed about 10 percent over 25 sessions while it's up about 7.5 percent in the recent run". On what? A bunch of coupon passes and e-mini buying. Are you sugesting this wako stats is evidence of free market? I know you aren't -g- But their dollar control is limited. In fact, it's almost zero.