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To: MonsieurGonzo who wrote (6446)8/2/1999 12:29:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
Vous êtes bienvenu Monsieur Gonzo

Re the yen for the liquid that floats the boat.

It's also kinda nice to have some idea of where the BOJ will step in!!

Gersh



To: MonsieurGonzo who wrote (6446)8/2/1999 3:04:00 PM
From: Berney  Read Replies (2) | Respond to of 11051
 
MG & Gersh, Re: The Yen and The Yank

Thanks for the knowledge. So, if understand the problem. The yen folks are rushing to the exits, selling their bondz, which, I assume, lowers their redemption principal, which increases interest rates. Is that the essence of the issue? Do you have some symbols that I should be watching?

Around noon or so, DJIA was up about 100 points with new highs 28 and new lows 154. Seems a bit anemic.

PBTB