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


To: Zeev Hed who wrote (8519)11/18/1997 10:57:00 PM
From: Rational  Read Replies (1) | Respond to of 18056
 
Zeev:

Most Japanese shorts have already covered and it is too risky to short now. I do not think the government is doing any thing except to leave the markets under some small uncertainty about whether or not public funds will be infused into banks. So, the Nikkei 255 bank stocks have pulled back somewhat. Any theory for the US stock market crash cannot (IMO) be based on a Nikkei dropping below 14000 -- that is too easy a theory to prevail.

Sankar



To: Zeev Hed who wrote (8519)11/19/1997 10:47:00 AM
From: MythMan  Read Replies (3) | Respond to of 18056
 
Is this kind of stuff kosher? Brokerage firms touting other firms stock <g>

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