To: William H Huebl who wrote (11574 ) 12/14/1997 9:42:00 PM From: James F. Hopkins Read Replies (1) | Respond to of 94695
Well; Bill re>Murphy's new book, "The Visual Investor" is that it is his (and now my) contention that all known FA is in the chart. < I can buy that part, about the known FA being in the chart, however Murphy's down play on FA tells me he never looked at it good. I'm not strong on any KNOWN FA..I'm looking for that unknown that part that Known TA doesn't have..do some TA on currency any how so what if your stock goes up to high heaven, if the value of your dollar goes to hell..what I spent most of the day looking at scares the hell out of me, it's so ugly I don't know how to discribe it. AND I charted it..the pound , yen, dollar Swiss Frank and the new EU..all the way back to 1982..using several base lines, haven't compared them with stock prices yet..but I will it is in it's own way TA, it is visual.. and man I can say with no doubt in my mind this Korean problem belongs right in the laps of Japan..Japan has been at the heart of some very dirty tricks..it's on the charts, so the IMF bales out Korea, were do you think that goes..right into the hands of Japans big bankers, they are playing lame duck..but have short sold their own Yen, ( many times to )..there is no other way it could swing as wild as it has, the Swiss are good at short selling currency England too..but it looks like the Japanees have them both beat at that art. No wonder no one in Japan is in Panic about their so called depressed stock market..in fact they are smug as hell..you know why ? They got more dollars than we do, so what if the YEN is supposed to be low, hey they got dollars..and american bonds up the ying yang..what does that spell. ? Then on the news you hear people talking about how the high dollar is hurting our markets, WHAT HIGH DOLLAR ? they must have their head up their rectom..we have lost so much gound on the dollar since 1982 in camparison with other currancies that no wonder our stocks are so high..( they really just refect the real infaltion that Green Spam ) keeps telling us is not happening..if some dumb butts would just chart the major currencies and use a base line of their average, they would see what the dollar isn't worth.. it's been smoke and mirrors all along..Japan runs Korea, we pay the bills..faily slick thoes Japanees..they may have lost the war but they managed to take over half of the world any way. And with our help. Chances are they are fixing to dump dollars, and no I don't think they will buy back the YEN..no they will buy the WON for a song..and maybe some Australian and New Zealand Dollars..and let the yen sink lower before they buy it back, if at all, they don't need it any way. They inflated their economy on purpose, to an extent beyound belife..and they are happy with it that way..still they lend their own hoods money at 2 or 3 percent who promtly buy our bonds and draw 6% or 7% take the spread and buy pounds and franks with it. They look poor on paper, but have more dough than the rest of the free world stashed out of sight, no wonder they are so smug. Well everyone seems to think the dollar is high in value..thats garbage..if it loses much more value then the stocks will get hit, yep they trail the ( real value of the dollar ) but first they get inflated, then dollars show up every were..and to were no body wants them..so then the stocks dump in a panic, the order goes out get the dollars out of thoes stocks at any price and then get rid of them..no don't buy the yen..buy gold..silver something but not any bodies money..my my how could this happen..how come we didn't see it coming. The Low intrest rates in Japan can not be looked at in any way, but that they are saying their YEN is strong..the dollar is weak. Jim