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Strategies & Market Trends : Tech Stock Options

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To: B.REVERE who wrote (52979)9/17/1998 10:52:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 58727
 
asia has already been discounted, russia too. Japan's
bank failures to come haven't been>>>>>

I dont follow you here....

The banking crisis has been looming for A LONG TIME (at least in short term traders lingo).....this is not a new revelation....Bill Seidman has been all over the media for months talking about this and consulting with Japan on "bridge banks"..

so how can Asia already be discounted if Japan's bank failures have not been discounted?

Japan's banking crisis will not (and has not) have/had isolated ramifications just to Japan......it will effect Asia...as well as the rest of the markets....so I cant see how Asia can be discounted but Japan's bank problems havent been discounted

btw, Seidman will be on CNBC in a few minutes
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