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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%4:00 PM EST

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To: Don Green who wrote (28283)10/3/1999 7:51:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
Don, i don't quite understand why Japan should fear a strong Yen - it will force corporate restructuring and that's good. what's more, it amounts to a vote of confidence and helps to deleverage the system as the Yen carry trade unwinds. of course it can't be good for U.S. equities....

regards,

hb
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