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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (6675)	9/18/2002 9:57:01 AM
From: Jim Willie CB	Respond to of 89467

JPM might bounce again, but could be off lower number / jw

To: Clappy who wrote (6675)	9/18/2002 10:10:10 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

JPM: ever stand in front of a breaking dike? if JPM is forced to begin partial liquidation of its monster derivative book, further realized losses will be booked so far, JPM has done well to keep their losses "offbook" I doubt this will continue much longer derivatives may be marked to market, but they are not seen on balance sheets or earnings reports until they are closed, booked, and final you are playing with AutoBahn Traffic passing at 150 mph / jim