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Technology Stocks : The *NEW* Frank Coluccio Technology Forum
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To: Peter Ecclesine who wrote (28118)9/26/2008 1:45:57 AM
From: Frank A. Coluccio  Read Replies (1) of 46821
 
I had read Robb's take on the matter earlier and was struck by his assertion about decentralized decision-making by capital markets, which I happen to agreed with. Yet, I was also taken, at about the same time, by an another analysis I had watched on Bloomberg TV portraying the world's regional stock exchanges and central banks as very-tightly integrated, hence the fear of the domino effect, which was beginning to occur. So while the trading between different types of instruments may have been taking place under decentralized controls and loosely linked to one another (but only superficially, as became evident only when it was too late) according to the types of securities that are being traded, the underlying market exchanges nonetheless remain tightly bound to one another, and to all other forms of trading instruments as well.

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