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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (16055)4/11/1998 8:15:00 PM
From: yard_man   of 94695
 
Why do you think the bounce will be reversed? How effective have such interventions been in the past? I read that the US was neither selling dollars nor buying yen. Seems like it has every appearance of being just a blip.

What seems significant to me is the now explicit agreement of the US with the Japanes objective, but I'm not sure I understand the significance.
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