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To: John Pitera who wrote (23207)3/4/1999 2:57:00 PM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
I would like to see a continuation of the
yen selloff tonight of course. There's nothing
like a confirmation for a currency trend than to
have the domestic holders dump their own
currency. Remember those runs on the dollar
whenever even our own Treasury Sec.,James Baker,
was trash talking the greenback? We'd take the
trading baton from Europe and whack the dollar
even more before the close. Very bearish days then.

Another reason to be short the yen is that either
strong US growth or an equity crash can be positive
for the dollar. Both could happen tomorrow.

Nahhhh.<g>