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

To: Bonnie Bear who wrote (16037)	4/10/1998 5:18:00 PM
From: yard_man	Respond to of 94695

Feeling a little nostalgic today for some reason. For entertainment I went back and was reading some of the Oct 27 posts. Message 2561048 It's interesting to sample everybody's post back then including my own. I wonder if anybody was able to take much financial advantage of that slide. Bonnie, did you make much on that drop or the rebound? As I remember I put in several limit order for the next day which never got filled because I was too greedy.

To: Bonnie Bear who wrote (16037)	4/10/1998 5:20:00 PM
From: Death Sphincter	Read Replies (4) \| Respond to of 94695

i'm surprised there isn't more reaction here to the BOJ selling off the dollar. they started on Thursday and followed up today big time, anytime traders would step in to buy they were getting clobbered, they will temporarily give up until things settle down. the BOJ is serious about supporting the yen, this is a big event of Forex, they indicated they may continue into the G7 meeting Wednesday. I certainly wouldn't want to be long on bonds thru the weekend. if BOJ stays aggressive on Monday and knocks the dollar below 125 you may get some real nervousness in the Bonds which could well spill over into the NYSE, it doesn't take a whole lot to trigger selloffs at this level. its most likely a short term deal but i can hardly wait to see the affect. Rubin supported the BOJ. carl