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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (343939)	9/19/2007 3:01:10 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

yes

To: MythMan who wrote (343939)	9/19/2007 3:24:42 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

In part. The Fed also cut rates in 95, and you know what happened. -g- By the way, this was a mid-cycle slowdown, with gold high, dollar low. We are going to 30K in 5 years, dollar will get higher, gold will drop. Hmm... Conventional wisdom is NICE. -g- I really don't see much difference between 400 Trillion notional for interest rate and currency swaps and 2000 Trillion notional. Both numbers are incomprehensible -g- They should sell the pound soon to prop the USD. London and New York are one location -g-