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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10345)11/24/1997 9:40:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Dec Nikkei 225 futures fall by daily limit low - Monday November 24, 8:26 pm Eastern Time

TOKYO, Nov 25 (Reuters) - Nikkei 225 December futures fell by their daily limit in mid-morning Tuesday trade, shortly after the cash
index slumped below the 16,000 threshold, following news over the long weekend that Yamaichi Securities Co Ltd (8602.T) had
decided to go out of business.

December futures traded on the Osaka Securities Exchange fell 1,000 points before recovering slightly to stand at 15,850, down 990 as
of 0112 GMT.

The Nikkei 225 average was down 814.19 points or 4.87 percent at 15,907.39.

Bill it gets to crowded again

Haim
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