Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Defrocked who wrote (48000)	7/6/2000 9:10:37 AM
From: John Pitera	Respond to of 94695

Evil Grubmeister 08:40 ET 30-year: -12/32..5.883%....GNMAs: -2/32....$-¥: 107.38....Euro-$: 0.9550 Unloading On Japan: Just getting back to the yen for a second, regular readers know that we have been keeping a close eye on the activity of foreign investors as a gauge of recovery expectations in Japan. Of interest, foreign investors were net sellers of Japanese equities last week to the tune of Y76.03 bln. In addition, excluding the holiday-thinned trading week of May 1, foreign investors have been net sellers of Japanese equities for the 13 weeks since March 13. As we have mentioned before, such selling has not weighed as heavily on the yen given that such investors have looked to take advantage of their concerns about economic recovery in the JGB market.