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Strategies & Market Trends : Asia Forum

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To: Joseph Beltran who wrote (5546)8/14/1998 1:08:00 PM
From: Ramsey Su  Read Replies (1) of 9980
 
Joseph,

who ever was supporting the yen, twice, recently is failing. Yen is above 146 again. Japan needs to stop talking and just do something, anything. Since no one really knows how to solve the problem anyway, the chances of being correct is better than 50/50.

I think the yen is the best indicator today. I don't care about anything else. If the yen goes above 150, I just don't see how everything else is going to hold up.

Ramsey
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