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Author: alreams Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1636  
Subject: Playing with the yen? Date: 10/3/1999 10:41 PM
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My mutual fund of Japanese stocks took a brief, violent nose dive (after climbing much like a rocket), then turned and resumed its climb.

I heard something in passing about the Japanese government doing something with the yen. Can someone explain: what they tried to do, did it work/what really happened, and did the market's dive make it harder for them to do what they tried to do.

Hopefully my ignorance is well demonstrated in the question itself. Please make your response understandable by a 6th grader. :)

Thanks for your interest and help...


Al Reams
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