SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rajiv who wrote (5908)8/26/1998 9:03:00 PM
From: don pagach  Read Replies (1) of 9980
 
Rajiv and all,

The last time the nikkei went below 15,000 there was some discussion on the thread that 14,000 was a critical level. I am wondering if someone could shed some light on this: Is 14,000 important from a technical viewpoint or if I remember correctly there was some belief that bank's portfolio would be written down to a critical level at 14,000 which would close out Japan.

As for Krugman's point about technology-hasn't he seen Armagaddeon? Heck we can land on meteors now!!

Thanks
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext