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To: Copeland who wrote (970)7/13/1998 3:04:00 AM
From: TWICK  Respond to of 8307
 
Nikkei is up. All other markets are rebounding. Here's why:

Japan PM Hashimoto announces resignation

TOKYO, July 13 (Reuters) - Japanese Prime Minister Ryutaro Hashimoto on Monday announced his intention to resign, a day after his ruling party suffered a devastating electoral setback in a vote seen as rejecting his economic policies. Yada yada yada...

It's about damn time.



To: Copeland who wrote (970)7/13/1998 3:05:00 AM
From: Copeland  Read Replies (2) | Respond to of 8307
 
Mea culpa. It looks like the Nikkei is back up now. However,
I'm still betting on a sell off tomorrow because of uncertainty
on what's going to happen to Japan's new stimulus package that
Hashimoto had conceived.