Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Hunt who wrote (14876)	3/15/1998 10:26:00 PM
From: bearshark	Respond to of 18056

John: Like many others I watched minute by minute during the morning of October 28, 1997. I think that was the recovery day. By 11 am I was getting the impression that the trading was wrong. I posted to that effect at that time on the Kahuna thread. In my opinion, there was some type of intervention--either Divine or federal. However, like everyone else, I cannot prove which.

To: John Hunt who wrote (14876)	3/16/1998 5:40:00 AM
From: John Hunt	Read Replies (2) \| Respond to of 18056

Fears of Deflation Rising in Japan washingtonpost.com << Japan's economy shrank in the quarter that ended on Dec. 31, the government announced today, heightening fears of a deflationary spiral of lower wages, prices and profits that will make Japan powerless to pull East Asia at large out of its economic crisis. U.S. officials have been watching the deepening economic turn-down with grave concern. We're "deeply worried that Japan's deflationary problems are gaining dangerous momentum" and will send the economy "spiraling rapidly downward," a U.S. official said. >> More 'good news' ... probably good for another 100 points on the Dow. < G > John