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To: Lucretius who wrote (142845)9/26/1999 9:06:00 PM
From: lin luo  Read Replies (1) | Respond to of 176387
 
LT,

It is only Yen rising this time, while the other one is stabilized. Yen should be stopped @ 90 (now is 95) by intervention which never happened. We have to thank Mr. Summers who does not know where to put the orders. The selling of everything started at the sunset last Monday, and speed up by Mr. Ballmer who should not be in the picture in the first place. I think why there is no US intervention is because the currency trading mainly through inter-bank and those people don't want to hurt the banks when there is no real danger. As long as euro is stable, everything will be fine.