|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.2106.6"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><STRONG><FONT color=#000000 size=2>Good Morning:</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT color=#000000 size=2>Interesting development in the currency
markets today. With the ever mounting turmoil in Indonesia, and anarchy about to
rein, the Japanese have finally announced a permanent tax cut to help stimulate
their economy. Or so they say.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 size=2>I believe this announcement is to stave
off a movement of their currency through the 135 resistance and the inevitable
run to the 140 arena.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 size=2>The currency has strengthened a half yen
since its release.</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 size=2></FONT></STRONG><STRONG><FONT
color=#000000 size=2>Any thoughts on this? </FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 size=2></FONT></STRONG> </DIV>
<DIV><STRONG><FONT color=#000000 size=2>Richard J.
Chehovin</FONT></STRONG></DIV></BODY></HTML>
</x-html>From ???@??? Fri May 15 07:10:37 1998
X-POP3-Rcpt: neal@xxxxxxxxx
Return-Path: <owner-realtraders@xxxxxxxxxxxxxx>
Received: from accessone.com (list.listserver.com [198.68.191.15])
by purebytes.com (8.8.4/8.8.4) with ESMTP
id GAA32613 for <neal@xxxxxxxxxxxxx>; Fri, 15 May 1998 06:07:24 -0700
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id GAA05282;
Fri, 15 May 1998 06:54:58 -0700 (PDT)
Received: from gauntlet.dmz.il.nbgfn.com (gauntlet.crt.com [192.138.181.21])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id GAA05101
for <REALTRADERS@xxxxxxxxxxxxxx>; Fri, 15 May 1998 06:50:56 -0700 (PDT)
Received: (from root@xxxxxxxxx)
by gauntlet.dmz.il.nbgfn.com (8.8.8/8.8.8) id IAA04030
for <REALTRADERS@xxxxxxxxxxxxxx>; Fri, 15 May 1998 08:50:53 -0500 (CDT)
Received: from ramoth.dmz.il.nbgfn.com(199.33.3.17) by gauntlet.il.nbgfn.com via smap (3.2)
id xma003952; Fri, 15 May 98 08:50:31 -0500
Received: (from uucp@xxxxxxxxx) by ramoth.il.nbgfn.com (8.8.8/8.8.3) id IAA27479 for <REALTRADERS@xxxxxxxxxxxxxx>; Fri, 15 May 1998 08:46:43 -0500 (CDT)
Received: from waffle.il.nbgfn.com(140.102.132.12) by ramoth-outside.dmz.il.nbgfn.com via smap (4.1)
id xma027467; Fri, 15 May 98 08:45:58 -0500
Received: from chitmp05.nt.il.nbgfn.com (CHITMP05.nt.il.nbgfn.com [10.216.18.34]) by crt.com (8.8.3/8.8.3) with ESMTP id IAA07350 for <REALTRADERS@xxxxxxxxxxxxxx>; Fri, 15 May 1998 08:49:45 -0500 (CDT)
Received: by CHITMP05.nt.il.nbgfn.com with Internet Mail Service (5.0.1458.49)
id <KZMSMS1F>; Fri, 15 May 1998 08:49:44 -0500
Message-Id: <873E55244734D11192D200A02461D051552CED@xxxxxxxxxxxxxxxxxxxxxxxx>
Date: Fri, 15 May 1998 08:49:12 -0500
Reply-To: MitchT@xxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Tullman, Mitch" <MitchT@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: RE: Forex USDJPY
MIME-Version: 1.0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: 8bit
X-To: "'Richard Chehovin'" <GalacticFXInternational@xxxxxxxxxxxxxxxx>,
"'REALTRADERS@xxxxxxxxxxxxxx'" <REALTRADERS@xxxxxxxxxxxxxx>
X-Priority: 3
X-Mailer: Internet Mail Service (5.0.1458.49)
X-MIME-Autoconverted: from quoted-printable to 8bit by accessone.com id GAA05102
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
I trade Nikkei for a bank......all I can say is ,if I wasn't precluded
from trading
the product for my personal account I'd be buying some very cheap vol.
here.
Take a look at the options at the Merc........(on Bloomberg NXA INDEX
OCM then hit GO)
We are gearing up for a vol/price explosion in my opinion.
Mitch
> -----Original Message-----
> From: Richard Chehovin [SMTP:GalacticFXInternational@xxxxxxxxxxxxxxxx]
> Sent: Friday, May 15, 1998 8:29 AM
> To: RealTraders Discussion Group
> Subject: Forex USDJPY
>
> Good Morning:
>
> Interesting development in the currency markets today. With the ever
> mounting turmoil in Indonesia, and anarchy about to rein, the Japanese
> have finally announced a permanent tax cut to help stimulate their
> economy. Or so they say.
> I believe this announcement is to stave off a movement of their
> currency through the 135 resistance and the inevitable run to the 140
> arena.
> The currency has strengthened a half yen since its release.
> Any thoughts on this?
>
> Richard J. Chehovin
|