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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: borb who wrote (2048)	9/3/1999 8:51:00 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 3902

Considering that most analyst have likely not factored in Y2K since they may believe that their efforts are similar to the preparations here in the US. Thus, since no one nows exactly how to calculate the risk, they ignore it. So instead of Y2K being a calculated risk, I believe its more likely that a bunch of analysts and economists are simply "whistling past the graveyard". I just don't buy it... The Japanese people are too trusting of their govt. If either they lose that trust because they suddenly discover that their govt leadership failed to lead on this issue, or the actual disruptions in critical infrastructure occur, it could result in a sudden panic. Just my opinion.... But if not Japan, panic will likely set in somewhere in Asia and since they all share a similar problem (unquantifiable Y2K risks), I expect capital flight to US T-bills. Regards, Ron