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Pastimes : Ask Mohan about the Market

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To: Tommaso who wrote (8954)11/22/1997 2:33:00 PM
From: Rational  Read Replies (1) of 18056
 
Tommaso:

The Yamaichi failure affected the stock market for the most part of Friday. At this juncture, it is in the interest of big investment houses to keep the prices up to continue individual investors' confidence so that these investors do not call their funds to pull out of equity. I am convinced that many smart money managers have pulled out. Today's Barron's Online has a good article explaining how the market may unravel.

Sankar
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