intervention

What are people thoughts on the likely hood of intervention. I was just reading on the Nikkei.com

PM Kan has held emergency talks re the rising yen and stated that he would announce "shorlty' his measures to kerb the rising yen.

Once again more talk and no action and the USD against the Yen just got thumped along with the AUDJPY.. Not sure how long japna exporters can hang on, Their assumptions on their reports for the second half the year are apparently at 90 to 110. Looks like there will be no reprieve in the Nikkei fall from grace.

Whats everyone thoughts and the best way to position against this or for this.

I am long atm, but am thinking i may have jumped the gun and will most likely get spanked before anything happens