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


To: HammerHead who wrote (25395)8/27/1998 9:04:00 PM
From: vegetarian  Respond to of 94695
 
>> How low of Nikkei could trigger Japan's banking crisis? The shit hits the fan, now everyone has a piece of it.<<

The only problem being that every one is not equally bloated, so some of them will have a much larger distance to fall than others; the US bluecaps for example, they are the strongest so they have the honor of going down last. Based on the volume, the sentiment seems to have been changed from complacency to may be concern but no fear or panic. It could be a grind downward instead of the panic sell-off and qucik recovery we have seen so far in the bull market.



To: HammerHead who wrote (25395)8/27/1998 9:30:00 PM
From: Joseph G.  Respond to of 94695
 
Japan has had a banking crisis for a long while now.