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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Zardoz who wrote (1307)7/30/1998 9:41:00 PM
From: chirodoc  Read Replies (1) | Respond to of 3902
 
<<<<I heard that the BOJ said it won't support the yen by buying YEN. Anyone confirm this? Or say what was said?

....true

......will look into shorting yen and being long nikkei--don't know how to short currency but would like to learn--any ideas?

curtis



To: Zardoz who wrote (1307)8/1/1998 3:36:00 PM
From: borb  Respond to of 3902
 
I think it will be a complicate situation. There is officers in China start saying if yen keeps on falling, China will not keep the promise of holding strong RMB.