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

To: Bull RidaH who wrote (16055)	4/10/1998 8:34:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 94695

I dont know if it makes any difference to you charting people out there but according to russels link ...the dollar didnt get to 127.....it fell TOWARD 127...the quote was 128.00/10 The dollar fell toward 127.00 yen from a Tokyo high for the day of 131.55 yen, after what bankers said were persistent bouts of dollar for yen sales by the central bank from late morning. The dollar was quoted at 128.00/10 yen at 0615 GMT, sharply down from 130.02/12 yen in late New York on Thursday.

To: Bull RidaH who wrote (16055)	4/10/1998 8:40:00 PM
From: Death Sphincter	Respond to of 94695

David..if the development in the dollar should take the bond market down and carry over to NYSE and the market immediately goes into a slide, what do YOU do on your wave charts? IF the market were to start to tank on Monday do you SKIP OVER c of B...and start over in Big Wave 3....how would you readjust your counts? Carl

To: Bull RidaH who wrote (16055)	4/10/1998 8:48:00 PM
From: robnhood	Respond to of 94695

<<This is certainly the Easter weekend external event that was mentioned in a prior post>> Thanks David, that's what I was thinking. Certainly an out of the blue event. russell

To: Bull RidaH who wrote (16055)	4/11/1998 9:07:00 AM
From: SE	Read Replies (1) \| Respond to of 94695

David, Now this is interesting, isn't it???? biz.yahoo.com -Scott

To: Bull RidaH who wrote (16055)	4/11/1998 8:15:00 PM
From: yard_man	Respond to of 94695

Why do you think the bounce will be reversed? How effective have such interventions been in the past? I read that the US was neither selling dollars nor buying yen. Seems like it has every appearance of being just a blip. What seems significant to me is the now explicit agreement of the US with the Japanes objective, but I'm not sure I understand the significance.