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To: Lucretius who wrote (40271)5/11/1999 11:18:00 AM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
You had asked about the US dollar. The dollar is OK for the time being it will be a buy at 98 basis the dollar index. People will not run away from it in mass as their are not enough other places to go.

the Yen ho ho ho. A country with no military, with the world situation heating up. Russia is agitated and CHina is getting more involved, If a more significant conflagration heated up. China could theoretically hop over to Japan and pick up some nice assets the old fashioned way... just confiscate them. Not that I'm planning on this but, The currency of the world's biggest military power is not going to crash while Kosovo is going imo.

that's why the yen is not crashing up this year. Forget it imo