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Strategies & Market Trends : Roger's 1998 Short Picks
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To: larry who wrote (10224)6/17/1998 9:39:00 PM
From: Joey Two-Cents  Read Replies (3) of 18691
 
Japan up 4% tonight, Korea up 7%. Happy days are here again. Why do you think the U.S. decided to buy Yen?

1) Japan threatened to sell Treasuries so Clinton agreed to bail them out?

2) China told Clinton that if something was not done to bring prop up the Yen they'd devalue?

3) Auto companies complained Monday of Japanese imports due to weak yen so Clinton decided to help labor (aka: democrats)?

4) All of the above?

By the way China is selling ICBM technology to Iran and Libya. The Slickster will be in Tianmen Square the week after next to lick the boots of the murderous Chinese.

In response to the selling of missle technology, use of slave labor, murder of female babies by China the Administartions line is we can't isolate a billion people. Funny though, last time I checked India had a billion people and we've decided to isolate them. Then again they're
not as wealthy as the Chinese and won't be buying a billion Ford's.
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