SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Mark Myword who wrote (20403)6/15/1998 4:57:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
You point up something very important -- these positions are highly leveraged. When things go the other way -- if it is not gradual -- there could be real trouble.



To: Mark Myword who wrote (20403)6/15/1998 8:07:00 PM
From: James F. Hopkins  Respond to of 94695
 
The only glitch is, I suppose you have to be a Japanese banker to get the cheap rate from Japan. <G>
Why worry with production or profits if you can capture that kind of
spread. On top of that you can insist that the rest of the world
devalue their currency before you cash in.
They learned fast and have taken the art of capitalism to new
levels. That's why they not worried about their stock market,
they playing the spread on the bonds, to the max. And they have
every intention of buying up ASIA for pennies on the dollar as soon
as they can drive it into the ground.
This fiasco is no accident.
Jim