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To: Rational who wrote (5786)1/6/1998 11:24:00 PM
From: k.ramesh  Read Replies (1) | Respond to of 27307
 
How come everyone expects the Japanese, or The foreign T bond holder etc.to act in unison ? The US treasuries as well as the stocks is quite possibly managed by thousands of seperate individuals for widely differing goals, Why would they all dump at once, knowing the effect on prices?
By the way, Is there a risk to the system, if a Soros type big gun goes broke. It is quite possible for some of these hedge fund guys to
to be on the wrong side of trades. Somewhere I read that US bank exposure to Korea was $9 B. Would n't some currency traders be 1/10 th as big.