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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Jack Clarke who wrote (10520)11/27/1997 8:58:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Jack, my appologies, but I think I was the one that started the discussion on Mohan tread about this fascinating article in Barrons.

One of the responses I got was that only "old guys" bother reading Barrons, which as usual is down bearish, well sweet inocence and ingnorance, just makes the world move forward.

That is why IBM gave a hand to his fellows on WS a month ago and also why the market opened gap down and so much resistance is now to trade halts on the NYSE. VEGA and DELTA "dynamic" adjustments.

Myself personally credit the recent rally to unwinding of those adjustments.

Haim



To: Jack Clarke who wrote (10520)11/27/1997 9:32:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
Bil and others, I posted a concept on Mohan's tread regarding some macro aspects on the markets.

techstocks.com

Would appreciate your guys and gals feedback, even if it will not influence stock prices next week or next month <ggg>

Haim

and in the meantime Japan is bailing everyone out

Thursday November 27, 8:39 pm Eastern Time

Big contractors failure not to hurt fin system-BOJ

TOKYO, Nov 28 (Reuters) - The failure of large Japanese construction firms would be unlikely to cause systemic risk to Japan's
financial system, Bank of Japan Governor Yasuo Matsushita said on Friday.

Asked whether the BOJ would extend special loans to large construction firms if their possible failure might affect banks, Matsushita told
a parliamentary committee: ''If (possible failure of) construction firms were to affect banks and have a serious impact on the settlement
system as whole, they would be considered for special loans.

''However, I see little risk of this happening, taking into account the size of construction firms in Japan and their relationship with
financial firms.''