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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (39390)4/13/1998 9:44:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 58727
 
from Johns post:

"There were no speakers and no data today, but talk about Fed policy abounded
nonetheless. Over the Wednesday-Thursday period no less than three Fed Governors
(Kelley, Meyer, and Phillips) expressed the sentiment that when it comes to the Asian
crisis, the bark has proven much worse than the bite. The market is finally realizing that
these Fed comments may actually mean something. "

what does this bark worse than bite mean....

to me that means the talking is worse than the action...but that doesnt gel with the action today in the market as the market seemed spooked....

that paragraph confuses me

the yen june contract
high .7797
low .7752
open .7781

current. 7757
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