Dollar is plunging this morning!
pms
laflame at aaahawk.com
Fri May 17 06:47:06 PDT 2002
Wow. Euro almost .92. Waved good by to significant resistance at
..9102ish. Yen down to 125.72. The thing about the Yen is that anytime
lately it's gone below 128 you can go to the Naz site and there'll be
multiple news releases from the Japanese damning intervention and
threatening intervention in the same breathe. They're gonna go nuts today.
I think we're in some sort of war with Japan. Maybe over who will get the
big teat on the big Chinese cat. I'm very curious to hear if the next
meeting of financial ministers will come out with their oft repeated, and in
my opinion ridiculous assertions that they did not even discuss exchange
rates.
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