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


To: Gersh Avery who wrote (21700)7/16/1998 4:33:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Gersh; Had an odd dream it woke me up,
Found if I can capture thoughts from a dream I seldom have to
re-write them, but if I don't get up and write them down they
disappears. This one was...about a moral question. I was
being told to.
"Measure from the tip of your nose to where you stand"
Might not make much sense to most people but it's real
clear to me. It has to do with the yard sticks you use, and
If more people did it the world would be a better place.
------------------------
I have to do the currency thing by hand were do you get the
Chart ?
Just looked and it
Looks to me the Dollar is down across the board,
except for the pound..unchanged..how ever the YEN is
just a knee jerk, as it's back about to where it was
on the 14th. Not enough for intervetion, I think that's
just speculators sghort selling Dollars and Pounds.
Jim



To: Gersh Avery who wrote (21700)7/16/1998 5:11:00 AM
From: tekgk  Read Replies (1) | Respond to of 94695
 
Small movements are not all that important, but a large one or a sustained period of small one's is because it could cause the Yen carry trade to reverse. A reversal of the Yen carry trade would also reverse other carry trades like gold. This would result in at least a 1 trillion dollar outflow from our economy.