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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (18911)5/14/2002 12:27:35 AM
From: Maurice Winn   of 74559
 
<a) the total threat of intervention, by US on the one hand and Japan OTOH, makes betting against the Yen exceedingly dangerous,>

Jay, I would not like to step into the ring with those two, who are likely to act in unison rather than on my behalf. A little kiwi versus a tag team of a 400 kg gorilla and a black belt in jujitsu is not likely to have a good outcome for the kiwi. A better strategy for the kiwi is to hide in a far away island, in the bush, in a cyberspace burrow.

An investigation of the possibility of taking them on gave a risk:reward ratio I didn't like. Big, tough, banks here are scared of them too! Wimps! They were happy to be called wimps and would not change the hedging payments they'd need.

Thanks for the reports from Russia. Very interesting.

But do you mean to say that those hordes of millions of Russians haven't heard that the USA won the cold war single-handed and that gives the USA bragging rights for 1000 years? You mean to say that they are not just lying down and giving up on life? What a surprise. Actually, given the published life expectancy reports, a lot of them are doing exactly that. But that'll still leave a lot of them.

Mqurice
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