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Re: punkle post# 19621

Monday, 08/26/2002 11:23:05 PM

Monday, August 26, 2002 11:23:05 PM

Post# of 704049
"Anybody else watching that dollar drop precipitously as we speak? I didn't expect this and am wondering if it continues or gets corrected in a PPT ramp that could start in about 4 hours. Thoughts?"
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punkle.......

As you mention, I personally think the only reason the dollar is as high as it is comes entirely from repeated pumps by the PPT. At some point it will no longer work - that is the unambiguous history of currency intervention. Perhaps we are there. I also notice that in addition to the sharp drop in the dollar, gold has added to its gains for the day, and is above $310.

mlsoft




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