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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 222.48-0.2%Jan 20 3:59 PM EST
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To: Joe Dancy who wrote (5193)4/21/1998 6:46:00 PM
From: still learning  Read Replies (1) of 10921
 
I read John Crudele's column regularly. He bugs me. He's been saying the stock market will collapse for 2 years now, and keeps recyclingthe same column over and over.

Aside from the factual inaccuracies (which someone else already posted) re the yen/dollar rate, it makes no s3ense for Japan to dump U.S. Bonds, since that would place extreme political pressure on them and would be the exact opposite of what the US gov't would ask them to do.

In other words, it would be a big kiss off to the US, which wouldn't help anyone's situation. It's far more likely they continue to do nothing than do something dramatic like that.
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