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


To: Real Man who wrote (67411)11/17/2003 3:41:28 PM
From: Lucretius  Respond to of 94695
 
rally time



To: Real Man who wrote (67411)11/17/2003 4:03:55 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Interesting timing, huh! Well we will just have to wait and see if it is a bear trap or a true breakdown...



To: Real Man who wrote (67411)11/18/2003 12:31:52 AM
From: mishedlo  Read Replies (1) | Respond to of 94695
 
Is it just me or is everything funny this evening?
Look at this...

biz.yahoo.com

The BOJ's balance sheet already looks slightly precarious, holding more than 60 trillion yen in long-term government bonds and 1.8 trillion yen in Japanese stocks.

It has also said it would buy up to one trillion yen worth of asset-backed securities, which may include those with junk grade ratings.

Sources have said the Finance Ministry may ask the BOJ to buy its foreign bond holdings in order to raise funds for its currency market intervention.

Raise funds for intervention purposes.
LMAO

M