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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (5685)2/8/1999 10:26:00 AM
From: zoya  Read Replies (1) | Respond to of 99985
 
<<Big Boys distributing>>

could you please explain what that implies?
thanks.
zoya.



To: HairBall who wrote (5685)2/8/1999 11:23:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
LG; Looks that way to me too, they have sold into every rally,
but they can flip her on a dime. Still I can't see buying dips
the YEN , and the Japan bond are being manipulated to high
heaven. While Ruban keeps saying what they "ought" to do
he was in on the secret deal that has caused this.

It's simple but the news pundits don't seem to see it.

When they manipulated the YEN higher starting in SEPT.
It made those that had bought the Japanese bond with cheap YEN rich
now they are taking profit by selling the bond and getting
YEN back that are worth almost 35% more in a short time,
this is running the interest rates up in Japan, which may
in turn kill the dollar even more. What a web they weave
when they learn to deceive.
Jim