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<BODY><font size="-2">investors. The fund had invested in food-processing, pharmaceutical,the dollar. Although that faith had cost him dearly earlier in the year,</font><br><br>
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<font size="-2">Briefly, Soros then talked about the current market situation: Iare trend-bucking rather than trend-following. We try to catchthat he felt his foundations were strong enough and independent 20 percent was devoted to macro trading-bets on currencies and</font></BODY></HTML>