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I highly doubt that Soros is in trouble w/ the Euro.
Since Druckenmiller lost billions being long trash-tech stocks, and
believing the US would save
Russian's worthless debt market. Soros now has a new fund manager,
and has pledged to his investors that they would have a more conservative
investing strategy.
I'm just sorry that Soros won't be a player in the short-selling of the
inflated US Dollar.
Countries like the US, who mismanage their economies, should be punished by
the likes of
investors like Soros (like he did w/ British Pound, Thia Bhat, and Brazilian
Real). These large hedge funds
served a sort of regulatory purpose, pressuring inept and corrupt
governments to get their financial houses
in order or face the consequences.
----- Original Message -----
From: "Michael Knapp" <mknapp@xxxxxxxxxxxxxx>
To: "<realtraders@xxxxxxxxxxxxxxx>" <Michael_Knapp/DRW@xxxxxxxxxxxxxx>;
<realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, September 29, 2000 9:30 AM
Subject: [RT] Re: Soro's
> Agreed. Wasn't really buying into it, but with all the unnamed hedge
fund's
> in trouble and some of the pricing of the intercomodity spreads definitely
> showing a strain, or crisis on the horizan, I guess I thought it could be.
> Fool me once....
>
> Thanks for setting me straight Norm.
>
> Gratefully
>
> Mike
>
> ----- Original Message -----
> From: Norman <nwinski@xxxxxxxxxxxxxxx>
> To: <Michael_Knapp/DRW@xxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, September 29, 2000 11:22 AM
> Subject: Re: [RT] Soro's
>
>
> >
> >
> >
> > ----- Original Message -----
> > From: Michael Knapp
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Friday, September 29, 2000 11:52 AM
> > Subject: [RT] Soro's
> >
> >
> > RT,
> >
> > I hope this isn't too much off topic, but I have been hearing rumors
of
> > Soro's being in trouble. Anybody wanna share anything they may have
> heard.
> > I hear the US has been buying euro dollar futures to help prop him up.
> > Seems a little ridiculous to me, but stranger things have happened.
There
> > is a big Chinese firm that filed for bankruptcy in China over night.
The
> > implications of that could be pretty impressive since communist
countries
> > dont normally let companies go belly up. Any body care to chime in?
> >
> > Michael Knapp
> >
> > MIchael,
> >
> > If I were George Soros, were short Euro dollar futures, and I
wanted
> > to get out a favorable prices,
> > I would start a rumor that big trader or entity was in trouble with a
> > long position. Nice marketing.
> >
> > Cynically,
> >
> > Norman
> >
> >
> > - att1.htm
>
>
>
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