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


To: robnhood who wrote (28421)9/20/1998 12:31:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
ref: There has certainly been no shortage of rumours and outright admissions to trading losses yet the market reacts violently when a new one fesses up...

Hi Russell, You know what keeps sticking in the back of my mind concerning the bands is how Japan started out with something around 300B in losses then it was raised to 500 or 600 then to (I believe) 1+T. I may have the numbers all wrong, but my point is that they seemed to want to leak it out slowly and I have to wonder if ours are not doing the same and that we will wake up here in a month or so with the real numbers 3-5 times worse than what we have been led to believe at this point in time.

Monty