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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Zardoz who wrote (7708)12/13/1998 6:51:00 PM
From: Ramsey Su  Read Replies (1) | Respond to of 9980
 
Hutch,

kind of off topic ...

earlier this year when the yen was over 140, my travel agent friend who had two trips to Japan for the rest of 1998 ask me if she should hoard some yen. In my infinite wisdom, I told her that by the time she was ready to go, the yen will be below 160.

The day that she checked out of the Tokyo hotel during the 1st trip, the yen went to 113. She just returned from her second trip.

Needless to say, I don't bring up the subject very often, as in "never". Still trying to get foot out of my mouth on that one.

Ramsey