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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (4266)	6/8/1998 1:37:00 PM
From: Joseph Beltran	Read Replies (2) of 9980

Interesting observations....If volume 9 is 140 yen to the dollar, volume 10 will be 150. I think that would be the precipice for japan and it will coincide with major outcry among our exporters. japan doesn't want to commit its reserves here because it must know that it will be a futile effort. their backs are against the wall. Could it be that the u.s. has given up on japan and decided to devote its energy to opening up the chinese market and the s.k. market (with the help of the IMF?). after all, as you say, it's been 8 years now and our patience MUST be wearing thin... regards

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