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


To: Bilow who wrote (16091)4/11/1998 8:13:00 PM
From: tom pope  Respond to of 94695
 
>>Sort of reminds you of that weekend 10 years ago when
Baker told the Germans he would let the dollar slide...<<


I wonder how many people on this thread remember what happened then?

I may be wrong, but I don't think the rise in the yen/dollar will be the catalyst. To be truthful, I hope I'm wrong. I'm short, have been for the past 6 weeks, and am still regretting it.

Over time of course, the market does better when the $ is rising than when it's falling. If the $index really turns down, then that might be a valid BK signal.

We'll know, as always, after the event,