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To: Defrocked who wrote (64116)9/24/1999 1:58:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
how sure are you on this squeeze business?

I have a short to cover....if...



To: Defrocked who wrote (64116)9/24/1999 2:21:00 PM
From: re3  Read Replies (3) | Respond to of 86076
 
- can anyone comment on why the nuts are levitating while the mkt burns ???

- will the 'they' f*ck with the mkt b/4 we head to the weekend ???

- i bought nov 102 djv poots this am...will sell my oct 102 poots at 3.50 just for today if the mkt tanks...

- i continue to suggest otm poots that are cheap...who knows what could happen next week...don't pass up the opportunity to 'go for it' with small amounts of $$...we've been waiting for the bk for so long, and we 'may' be here...

ike



To: Defrocked who wrote (64116)9/24/1999 4:07:00 PM
From: Cynic 2005  Respond to of 86076
 
Dr. Dee, Nice call on squeeze. Here is a preview of what to expect over the weekend.
------

Friday September 24, 3:46 pm Eastern Time
Japan's Miyazawa sees tough U.S. talks on yen -Jiji
NEW YORK, Sept 24 (Reuters) - Japan Finance Minister Kiichi Miyazawa said on Friday stabilizing foreign exchange markets would not be easy and that economic talks with U.S. officials would be tough, the Jiji news agency reported.

Jiji quoted Miyazawa as telling Japanese reporters upon his arrival in Washington for a weekend meeting of the Group of Seven industrial nations that ''it was not so easy'' for Japan to propose a measure to stabilize foreign exchange markets.

Miyazawa, who is scheduled to meet U.S. Treasury Secretary Lawrence Summers on Saturday, said he believed talks with his U.S. counterpart, expected to focus on the surging yen, would be difficult, Jiji said.

Tokyo has appealed to the United States to intervene jointly in currency markets to hold back the yen, which has soared nearly 15 percent on the dollar since July on optimism over Japan's economic outlook.

Japan is worried a strong yen will harm exports and choke off its economic recovery.

The United States has given no indication it is willing to intervene in the markets in the absence of Japanese measures to further ease monetary policy.

biz.yahoo.com