Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: drakes353 who wrote (3092)	9/27/1998 5:28:00 PM
From: Peter V	Read Replies (2) of 4634

Drakes, does the continuing failure of Japan's economy figure into your US market bottom equation? The largest bankruptcy since WWII just announced (US$ 16 Billion). dailynews.yahoo.com I brought up the BK of another Japanese company here a few weeks back, a steel company that also suffered losses in the BILLIONS. Just wondering if you think it will have a ripple effect (especially to the money center banks), or will be confined to Japan (or Russia, Venezuela, Brazil, etc.). I don't see how the US can remain insulated from these problems forever. But I'm interested in your theory. TIA.

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