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kevine sheen wrote:
>
> I wonder if there was any system or methodology could predicted Today's big
> drop in USD/JPY, almost 600 points in forex market, which is worth almost
> $4,000 if you held a one IMM equivalent contract.
> If there was,,,,I think only EWave or Fib number based system could
> predict.
> Any one predicted??
NW: My Astrological Activity Calendar showed an important change in
trend due overnight 12/16-17 for the US Dollar. Is that close enough? I
also
have that Japan has been considering some positive moves since the first
of December and that this period was due to culminate late today or
early
tomorrow. I think it would be much more constructive if the Yen were
to test or exceed it recent lows in the Jan. 2 weekend, as a MAJOR
change in trend is indicated then. Does your methodology concur with
this analysis? Hindsight is genius. Please show us the future.
Methodologically,
Norman
>
> ----------
> > From: Wayne <wayner@xxxxxxxxx>
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Subject: Gen: Asian Markets
> > Date: Tuesday, December 16, 1997 10:27 PM
> >
> > This will probably kick into our markets today.
> >
> > JAPANESE PRIME MINISTER CALLS FOR ONE-TIME TAX CUT
> > DEC. 17
> >
> > Japanese Prime Minister Ryutaro Hashimoto called for a
> > one-time 2 trillion yen ($15.4 billion) cut in individual
> > income taxes to help lift the economy out of its slump.
> > Speaking at a nationally televised press conference, the
> > prime minister said the tax cut, to be implemented before
> > March 31, will be financed by deficit-covering bonds.
> > Japanese stocks soared. The benchmark Nikkei 225 stock
> > index rose 513.89 yen, or 3.21 percent. The dollar plunged
> > against the yen, as low as 126.90 yen or 3.5 percent, its
> > biggest one-day decline against the yen since August 8.
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