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To: energyplay who wrote (18900)	5/13/2002 11:02:59 AM
From: smolejv@gmx.net	Respond to of 74559

>>Japan is doing an 'Argentina'...<< etc What Jay meant to say was "when in danger or in doubt, run in circles, scream and shout" mean to say, JGB, with one leg nailed down and the other chained to a nice big round lead ball, just does circles. VAAARY slow circles (g).

To: energyplay who wrote (18900)	5/13/2002 1:12:11 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi energyplay, I am still in Moscow, but to clarify my statement, I meant ... (a) the total threat of intervention, by US on the one hand and Japan OTOH, makes betting against the Yen exceedingly dangerous, (b) so international investor electorates and Japanese local hostages are not as willing to take the one-way bet against the Yen as in years past, (c) leaving the Japanese local financial hostages unable to secure his wealth, other than keeping buying the same old $#@%$)(#@! Japanese Government Bond at 0.00x% interest rate, (d) to be slowly bled to death, sitting in warm water filled bathtub, unable to feel the pain. DJ's explanation, 'running in circles, screaming and shouting' is another way of putting it, but 'dying' may be a more accurate description in the case of Japan, I think. Chugs, Jay