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To: John Pitera who wrote (27024)3/23/1999 9:30:00 AM
From: Lucretius  Read Replies (3) | Respond to of 86076
 
japanese gov has been trying to talk down the yen over the last few weeks so their banks can exit all their dollar trash... however, it will bust loose at some point and they won't stop it. Trader's commitments for yen are very bullish. I'll bet w/ the commercials.



To: John Pitera who wrote (27024)3/23/1999 10:34:00 AM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
Added to my OEX put position short time ago
(this am). Without a safety bid to bonds, stocks
can go lower IMHO. Bonds are actually down on
the day, marginally, but down nonetheless. BWTHDIK.