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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (30015)4/2/1999 3:32:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
exactly... I forgot that there was a 1 week lag between an event and the magaizne cover.

that was my error.

The yen should begin to make its break higher this week. TWO possibilities exist... 1. the Tankan survey is bad... causing yen shortselling and one more rise in the dollar, and for it to begin its crash on Tues or Wed. 2. the Tankan survey is positive causing the dollar to begin its crash on Monday.

I am leaning towards #1, but US share prices should lead the yen lower, as investors anticipate.