Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: joe smith who wrote (19982)	6/9/1998 9:00:00 AM
From: James F. Hopkins	Read Replies (2) of 94695

Joe & all; On the news we hear of the recent Yen falling against the dollar.; but what we don't hear is the dollar didn't make any big gains against other currencies. Japanese don't seem to be buying dollars, with the Yen. ( they appear to have been buying gold ). This is a lot of seat of the pants conjecture on my part, by looking at the currency markets, and with the sharp rise in gold this morning I think someone just caught on to where the YEN has been going. ( looks like gold to me ) Jim

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