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To: t36 who wrote (4033)	9/10/1998 8:10:00 PM
From: chirodoc	Read Replies (1) \| Respond to of 21876

remember the the song "it's crying time again....." well, now it's "buying time again......" but who the hell knows how long this will last my prediction japan will get their bank legislation passed before november possibly even by the end of september early october -------------------------------------------------------------------------------- Related Quotes ^DJI ^IXIC ^SPX ^IIX ^PSE 7615.54 1585.33 980.19 337.39 303.90 -249.48 -39.22 -26.01 -3.46 -5.14 delayed 20 mins - disclaimer Thursday September 10, 3:11 am Eastern Time BOJ gov asks PM for quick bank bill passage--Jiji TOKYO, Sept 10 (Reuters) - Bank of Japan (BOJ) Governor Masaru Hayami has asked Prime Minister Keizo Obuchi to quickly push financial bills through parliament to help get the economy back on its feet, Jiji news agency reported on Thursday. Hayami briefed Obuchi on the central bank's move on Wednesday to ease monetary policy by lowering its target for a key short-term market interest rate, it said. The ruling Liberal Democratic Party (LDP) made a compromise bank legislation proposal to the opposition on Wednesday in an effort to break a logjam on measures to wind up failed banks and handle weak but viable banks. Opposition party members have said that although there were some praiseworthy elements of the LDP proposal, differences in key areas still exist. Opposition leader Naoto Kan of the Democratic Party was quoted by Jiji as saying on Thursday that he will continue to seek establishment of an independent commission to oversee failed banks and scrapping of laws that allow the government to recapitalise selected banks with public funds. The LDP compromise plan did not include these items from the opposition proposal. ..this will set the stage for a japanese rally that will occasionally be thwarted by bad earnings news cardoso will be re-elected in brazil and by the end of the year europe, u.s., will be stable lainam will be shell shocked but recovering russia, malaysia, and indonesia will be sucking the big one ASEAN countries will suffer but deregulate and be up and running by 2000 the next 3 months is the mother of all buying opportunities curtis