SI
SI
discoversearch

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.
Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (590)4/1/1999 1:03:00 AM
From: Don Green  Respond to of 49154
 
For as long as I have been following Japan closely which is now 23 years.. Most Japanese manufactures /exporters preferred a level of 110-120 for an exchange rate, and western companies preferred 100-110..and I haven't heard of any change since. So I can only assume the overall desired level is 110.. So when things are bad 120 is likely and when good 110..IMO...give or take 5-10 yen...LOL!!!

Don



To: Don Green who wrote (590)4/1/1999 1:04:00 AM
From: Don Green  Respond to of 49154
 
I hope all are following the money flowing into Japan from Goldman, Morgan Stanley, Sal-Smith Barney, GE and many many others. I figure if the Nikkei can remain above 16K until the end of April the race toward 20K is on. If that occurs the Yen doom scenario could be greatly delayed or totally canceled IMO.