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Pastimes : Ask Mohan about the Market
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To: Rational who wrote (8111)11/16/1997 3:53:00 PM
From: Joan Osland Graffius  Read Replies (2) of 18056
 
Sankar, >>I continue to feel, though, that Greenspan did not know of the Japanese move to sell US Treas, which is a critical element in my equation about the US stock market and US$ falling in the next week while other markets gain (or at least not fall).

If the Japanese banks have to report on Wednesday, I would assume the selling of US treasuries has already occurred. I have never seen an accountant that could get the books ready in this amount of time.:-)

Joan
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