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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (1109)	9/25/2007 6:11:00 AM
From: Real Man	Read Replies (1) \| Respond to of 71452

mwhodges.home.att.net I'm not sure. Lots of mind-boggling numbers to digest, especially in derivatives. These numbers did not matter for a while, and can become even more insane. I think the blowing up carry trade was the cause of the Fed's action. What's 400 Trillion notional? 30 trillion notional in credit derivatives? In credit derivatives, if debt is not paid, notional just evaporates altogether. The sun's gonna blow up some day, but that does not mean it's a good trade - the current trends continue until they do not. We could see a little down this week for the stock market and some bounce for the buck. They've gotta pay back some 200 billion Euros on the 26-th and the 27-th. I sure hope the buck finds a long-term bottom - I'm sick of this dollar crisis already.