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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (16724)3/11/2002 4:51:39 PM
From: Maurice Winn  Read Replies (1) of 74559
 
Jay, I wonder if because the bank guarantees are running out, people are pulling some money out of the bank, buying shares in the Nikkei [hence the price rise by 20%]. The banks sell their shares to balance the books. All is hunky dory in Japan!

Hey Presto, Japan doesn't implode.

Mqurice
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