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Non-Tech : Dollar/yen ambush?
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To: Zardoz who wrote (53)7/20/1998 9:14:00 AM
From: Bill Murphy   of 95
 
Hutch,
I find it interesting that we come to many of the same conclusions, yet have many opposite premises as to how we get there.
The Korean won is strengthening. They are cutting interest rates and breaking away from the IMF and its restrictive measures. Japan is on the verge of reflating in a meaningful way. Hope is in sight. Yen - 125
Time will tell.
Like you, I see our stock market diving, our dollar diving, gold going way up, and oil going up.
Time will tell about this too.

Bill
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