Dollar/yen ambush? Message Board

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Non-Tech : Dollar/yen ambush?

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To: Bill Murphy who wrote (76)	10/8/1998 7:07:00 AM
From: ForYourEyesOnly	Read Replies (1) of 95

The nightmare continues....now 114 yen on Bloomberg!!! I don't know how big my margin call is going to be.....but it ain't gonna be fun. On a brighter note, silver is about to go back over $5.20. A nice move towards $6 would probably save my *ss even at these exchange rates. I have decided to take the approach that: "It is highly difficult to imagine that the PMs will be selling anywhere near the current prices in July/August of 1999....therefore, this pain is temporary & I must endure......" Worst care scenario I end up taking delivery of a bunch of Pt & Silver?? My lady would go nuts!! Great to hear about the new member of the Cafe. I would like to see his ideas on the exchange rate ASAP!!! Thanks, THC

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