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Technology Stocks : Y2K (Year 2000): Is Wall Street & Banking Vulnerable? -- Ignore unavailable to you. Want to Upgrade?

To: flatsville who wrote (87)	7/20/1999 9:54:00 AM
From: flatsville	Respond to of 158

biz.yahoo.com >>>''Most market players were surprised by the fact the BOJ did not step in and also by the lack of verbal intervention by Japanese officials throughout the day.'' The lack of official reaction to a slippage through the key 120 yen level, which many considered a sort of red-alert zone for the Japanese central bank, encouraged dealers to push the dollar as low as 119.58 yen. ''I think the market is becoming increasingly sceptical about whether it (the BOJ) can pursue this policy,'' said Cameron Crise, foreign exchange strategist at Warburg Dillon Read in London.<<< So I guess we're doing it for them, eh?