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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?


To: MikeM54321 who wrote (1913)6/17/1998 1:59:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 2951
 
Mike,

If you haven't been following, Jess Beltz has been making a series of posts on the 'Semis-Blood in the Street' thread about the Japan situation. The earlier posts have been right on target and he more or less predicted the intervention by the US in his most recent post.

It's well worth reading. His posts and other info I've been getting made me change my mind about China devaluing.

IMO -China exporters have been hurt bad and they actually need for the yen to be stronger than the 137-138 level.

FWIW,
Ron