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Old 03-01-2002, 03:54 PM
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Default Re: chart reading, trends, and Peet\'s coffee...



Thats a riot,but I like Peets as an alternative to StarBucks.I have a real life story that is similar.In the early 80's I was a local on the IMM.I also did currency arbitrage for about two years on the exchange.I moved to NY and applied for

a FX position with Pepsi hedging their foreign

exchange exposure.They told me that some times they don't hedge if they have a strong feeling regarding which way the dollar is going to move.

I said "so you speculate".They said we don't speculate we just don't hedge.Needless to say

I didn't get the job.


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