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Strategies & Market Trends : Currencies and the Global Capital Markets
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To: Henry Volquardsen who wrote (911)10/16/1998 11:51:00 AM
From: Chip McVickar  Read Replies (1) of 3536
 
Henry,
Yes, I read that about the Japanese upper house.

But just becaused they passed a bill to bail out banks does not directly
effect the buying habits of the people or their sense of doom. Nor
does it correct the lack of transpanercy in their system. It remains
to be seen who will benefit -- the people of Japan and its economy
or the 'ingrained ruling system' that brought them to this point.

Your view that a "long term package by the major players" is being put into place
is certainly the 'out-in-front' view and probably all that there is to the story.
Other then the Fed picking the best moment for the greatest effect.
Financial players certainly took notice....very powerful.
Hope You were on the right side.
Chip
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