INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (3630)	8/26/1998 3:40:00 PM
From: MonsieurGonzo	of 11051

DJ et al; RE:" Japan " They appear to be loathe to close to save face. Their worst nightmare is to slide back and become the leaders of the Third World all over again. Last couple of weeks, I believed that they (BOJ) were attempting to construct some kind of Yen/USD "cushion" of sorts, in preparation for banking reorganisation of some kind. They appear to have been thwarted in this effort, for the time being, by their own, working-class populace: who are beginning to withdraw their funds and put them into accounts overseas. This has never happened before. No - I have no hard data on this - I'm trying to read between the lines on the stuff coming out over the news-wire, FWIW. no follow-through on the sellers today, either. Bullz and Bears seem just, plain tired. DELL has launched, Jurgen! excellent trade !!! -Steve

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