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


To: joe smith who wrote (19982)6/8/1998 9:19:00 AM
From: James F. Hopkins  Respond to of 94695
 
Joe; Looks like we start up today and then do a little retrace,
how we end the day I don't have any idea but the direction it's
moving at the end may well signal the over all direction for the
week. There is a good chance we move into a trading range thats a little higher than what we have had for the last month. It's
still going to be tough for short term traders.
Jim



To: joe smith who wrote (19982)6/9/1998 9:00:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Joe & all; On the news we hear of the recent Yen falling against the dollar.; but what we don't hear is the dollar didn't make any big gains against other currencies.
Japanese
don't seem to be buying dollars, with the Yen.
( they appear to have been buying gold ).
This is a lot of seat of the pants conjecture on my part, by
looking at the currency markets, and with the sharp rise in gold
this morning I think someone just caught on to where the YEN has
been going. ( looks like gold to me )
Jim