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Strategies & Market Trends : Waiting for the big Kahuna

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To: mishedlo who wrote (68931)3/13/2004 5:31:29 AM
From: GROUND ZERO™  Read Replies (1) of 94695
 
Japan has insisted they will keep supporting the US$ vs the YEN. To do that they buy the US$.

Yes, but talk is cheap... for years, governments have tried to stop the rise and/or fall of one or another country's currency, but none of those effort have ever succeeded, except to sucker people into believing it and losing money on those trades... the only thing I ever listen to is the market itself, and not the promises of government officials... the bonds look toppy, I took a short light position yesterday and so far so good... we'll see what happens, I could be wrong...

GZ
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