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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: P.Prazeres who wrote (11845)	12/18/1997 5:19:00 PM
From: Ob C Qwe US	Read Replies (1) \| Respond to of 94695

P., Absolutely well put. I noticed only negative news on the business report on the way home tonight. I think something's coming down....Question now is just how big this is gonna be?

To: P.Prazeres who wrote (11845)	12/18/1997 6:52:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Hi P. ; no rotation to small caps, in fact they are really getting killed..there is no rotation amoung the stocks sectors at this time, some telcos made minor gaines..but not from the money leaving the market..micro caps are about steady.. Money is just moving out of stocks ( a lot of into bonds ), a lot of it's just leaving the country as foreign investors take profits and grab the dollar fearfull it's going to lose more of it's value, they want to put it into something else.. It gets my goat that Ruben would say he approved of what Japan did..it's not just the yen that gained on us..every thing did, Japan could hacve sold a percentage of Dollars and a percentage of the others..with the same break down as the SDR has ( special drawing rights ) used by the IMF..as Japan has all thoes currencies too..the value of SDRs at this time are 42% US, 19% G mark, 13% F frank, 13% B pound, plus 13% YEN..so to prop up the YEN lets say you sell 50% dollars 20% mark and 15% each Frank and Pound, that way one currency is not hit with a broadside, this was a sneak attact that came on Monday, I reported it that eve..before any news broke..the charts told me what happened, if you read back you'l also see were I said a lot would go into bonds..buying bonds with weaker dollars..gives the buyer a bigger spread than the increase in the bond price.. I knew bonds were going up as a result, but would sell back off as soon as the dollar recovered just a little, ( it's a form of short term short selling) but hidden out of sight of most of the onlookers. ( they get another spread as they dump out ) as the bonds went up apperant intrest rates droped.short sighted buyers bought stocks tue and early wed, the Japanese sold their holdins into that rally..as they knew that when they sold the bonds back they would fall , making apperent interest rates go up..and stocks would fall..wait till tomorrow..if the dollar don't get off it's knees stocks will fall even more.. do you see the trick..it's buy bonds with cheap dollars.. in effect you make the intrest rate more than it really is, or people who outside the loop think it is. Japan is still at war with us, they use dollars now instead of bullets..but it's war all the same. Every one thinks they are having it rough, thats all show..they playing lame duck, but are smug as a bug.. with intrest rates down to .5 %..they have sliped into KOREA and they run that show..and they are a lot stronger in South America than we are..I'v been there and saw their camps. Why do you think it was the Japanese officils who were taken hostage a while back in Peru.. they know. Americans are blinded by our own the news media, not informed. Go to Yahoo in the UK and search around..visit some other countries via the internet and read their news. Our news is controaled by the right wing and slanted to reflect their dumdass views of the world, who owns all the major news net works take a look..it's the big money cartels, Jim