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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (913)	10/16/1998 12:00:00 PM
From: Henry Volquardsen	Read Replies (2) \| Respond to of 3536

Chip, I agree that it is insufficient in itself but is important as part of an overall plan. Personally I think it will be a long time before the Japanese start spending again and we wil have to see an export led recovery in Japan. Which means eventually we will ne to see a stronger dollar, probably after all the hedge funds have been squeezed out. FWIW there are strong rumours that a US bank is in trouble. We may hear something soon and the Fed would have known that yesterday. Henry