1.   Floating and flexible rates Floating, or flexible, exchange rates imply a quite different adjustment process.

2.   This is not just a smarmy pep talk but an unflinching discussion of real angst and a real adjustment process.

3.   The present level of the Japanese currency, they warned, may have undesirable consequences for the global adjustment process.

4.   Although this decline was about triple the consensus estimate, analysts cautioned that the seasonal adjustment process was especially unreliable during the winter months.

5.   A consequence of this adjustment process is that the highest-priced stocks influence the average more than the lowest-priced stocks.

6.   According to some analysts, the adjustment process may be about to begin.

7.   But so far, as was the case with Nomo and the Dodgers, the adjustment process has developed numerous ragged edges.

8.   But the adjustment process will take time.

9.   For Moore, as for the others, the adjustment process continues.

10.   From our standpoint, this whole adjustment process is much closer to the end than it is to the beginning.