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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Rational who wrote (534)1/7/1998 10:37:00 AM
From: yard_man  Respond to of 9980
 
I agree. Just wish I'd waited before taking the plunge in SEA. :-(

On the bright side, it looks like I have much time to average down.

I knew it was risky when I did.



To: Rational who wrote (534)1/7/1998 10:58:00 AM
From: Thomas Haegin  Read Replies (1) | Respond to of 9980
 
The U.S. sure don't like the Yen to weaken and weaken. I for once believe that the USD will stayx firm all in all, meaning at Yen 115+, DEM 1.70+ and CHF 1.40+ for the time being.

It's no wonder that the USD is up: All these bonds that must have been bought recently to bring interest rates down, were paid for in USD.

I am still amazed in what a mess Japan still is after all those years of recession and devaluations (real estate, stocks, etc.). Apart from exports, nothing seems to be working there.

Just my $0.02, greeting,
Thomas