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To: James Strauss who wrote (14838)6/17/1998 9:36:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 53068
 
ahhhh ... Jim the realist ... bringing us back down to earth :o)



To: James Strauss who wrote (14838)6/17/1998 9:53:00 AM
From: Iceberg  Respond to of 53068
 
>use this rally to build up cash positions over the next week or two before reality sets in about Japan's inability to do the necessary economic reforms in a timely manner

Jim,

Yes. Unfortunately I think you just described a credible, and likely, scenario. I doubt that the Japanese will "do the necessary economic reforms" in the absence of some extreme crisis. [IMO]

Ice