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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (40282)	5/11/1999 11:47:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 86076

that's what I thought you'd say..... I disagree. the consensus agrees w/ you though (G).... According to the latest survey from Market Vane, bullish sentiment on the U.S. dollar is at a level of 84 on a scale from 0 to 100. then throw in the fact that commercials who make their living being right on currencies are heavily short the dolalr against all currencies, especially the yen. While specualtors are all long. and throw in the fact that we've had several qtrs now of a record trade deficit, plus the fact that the US Treasury mkt (which the majority is owned by the Japanese w/ the British and Europeans own most of our commerical debt) is breaking down. Then throw in the fact that we have largest bubble stock mkt in history that has seen HUGE foreign inflows since October. Then throw in the "quality" bid due to Kosovo which appears to be winding down. of ocurse, I am sure it is different this time. (BG)