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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27876)	7/29/1999 12:43:00 PM
From: IQBAL LATIF	Read Replies (1) of 50167

I am looking at the 'Yen' strength even after a number that may lead to interest rate hikes points only to one direction lot of money is going to Japan.. JPN would serve a proxy hedge for US markets it did the same in 1987, Japan went the other way. Today's number in Japan was one of the best we have seen for a while in Japan. The highest in 9 years.. and some stories are like trunaround where you will see great returns, for me first time after a long time Japan is looking like a normal market.

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