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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (46900)6/25/1998 2:29:00 PM
From: Lee  Read Replies (1) | Respond to of 58727
 
Lisa,..Re:<<Intervention>>

What day did we intervene? Looks like from 6/16 to 6/19 we went from 101.40 to around 99.63 on 6/19. But the Yen went from a multiyear low of 144.67 on 6/12 (fri) to 137.23 on 6/17 and to 132.11 on 6/19. The high of 1/132.11 on the 19th for the yen plus the low dollar of 99.63 was why I thought intervention occurred on the 19th.

Sept Yen now is 140.37. It's probably confusing because I'm using Sept yen, not spot. But you're right, it didn't last long and we are pretty much back to where the whole thing started.

Lee