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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Mark Nelson who wrote (7105)	11/5/1997 2:26:00 PM
From: Mike M2	Respond to of 18056

Mark I would not be surprised if major banks suffer staggering losses someday if not already. these derivatives are an accident waiting to happen. Mike

To: Mark Nelson who wrote (7105)	11/5/1997 3:28:00 PM
From: Defrocked	Respond to of 18056

I wonder if those investors unconcerned about Asian declines and any resulting impact on consumer spending, computer demand, chip demand and semi-equipment demand have begun to factor in a lessening in demand from Europe. Or doesn't that matter either??? techstocks.com FWIW I have further reduced my equity exposures and now am net short. BTW be careful when talking about banks, losses, rumored losses etc. Qualification of your opinion is important since I believe it is still illegal to spread rumors about banking failures and bank runs. I personally am not worried about such things but am just looking for a 10 to 25% correction in the DJIA. BWDIK.