Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (3838)	9/8/1998 9:23:00 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

Gersh; RE:" Yen/USD " >Japan Mof'S Kuroda Says Yen Correction Against Dollar Not Yet Sufficient... biz.yahoo.com I was a little surprised to see the USD continue to decline, given the rising market and falling bondz, Gersh. We're at 129 Yen/USD now on the December futures, and where's the top, 125 ? We were at what, ~145 ? That's a decimation of the dollar, man. >"Tokyo stocks will be encouraged by the Dow breaking above 8,000 points overnight," said Yasuo Ueki, general manager at Nikko Securities Co... I mean, SNE - Sony opened gap-up +6 points, (+8%) today in USD -! no way! A weakening USD is not good news for euro/asian exporters, regardless of the blip in their ADR values now. The weak dollar looks like it helps the emerging markets / commodity prices; but what if the US reduces consumption / import volumes as a result ? I gotta think that the ADR.X - ADR Index at 580 now, has maybe 585-595~600 tops, and then tanks. IMHO this (Yen/USD) thing is a puffed-up Tempura Shrimp, Gersh. >Mof'S Kuroda Says Institutional Investors Should Be Careful About Currency Risk... ...and Miyazawa, Tietmeyer and Greenspan gotta know it. >"The Mexican stock exchange is being held up with support from the Dow," Bursametrica economist Roberto Galvan said... biz.yahoo.com ...we go up +400 points, LatAm treads water; we sneeze, and LatAm will crash. what-ever (^_^) sure is exciting, Gersh !!! -Steve