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

To: bobby beara who wrote (35765)	12/29/1998 9:57:00 AM
From: RealMuLan	Respond to of 94695

Dollar opens US off amid rising JGB ylds, Rubin talk Tuesday December 29, 9:32 am Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) NEW YORK, Dec 29 (Reuters) - The dollar opened weaker as thin yearend markets guessed about the career plans of U.S. Treasury Secretary Robert Rubin and the yen got a lift from higher Japanese government bond yields, dealers said. ''We have a little bit of Japanese life insurance selling of the deutschemark/yen cross. Also JGB yields popped up again and there is a little talk of repatriation,'' said currency strategist Mike Malpede, of Refco Group Ltd. ''There were rumors that Rubin was resigning again and that colored trade.'' The market felt that Rubin, in a CNN interview overnight, failed to dispel rumors that he was planning to leave soon.<b\> biz.yahoo.com

To: bobby beara who wrote (35765)	12/29/1998 12:48:00 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 94695

BB, $XAU looks like it has a new (higher) bottom in ~60.5. Starting to feel better about my ABX long. Was that the last test, or will we get another one? TW