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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Leland Charon who wrote (3923)9/11/1998 9:34:00 AM
From: Tom Trader  Read Replies (2) of 44573
 
Leland--my broker was encouraging me to buy a couple of the banks stocks.

I guess his brokerage firm must be pushing it--don't know. I told him that it was premature and said who knows how much exposure there is to to Latin America. At that point he said -- Oh!! Latin America--who knows what that is going to mean for the banks" Therein probably lies the reason that the BKX has been clobbered so badly--not that the exposure is there -- but more that noone knows how much exposure there may be out there.
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