[CANSLIM] domino theory??

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: [CANSLIM] domino theory??
Date: Wed, 9 Oct 2002 23:21:05 -0400

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OOPS!!! That did it, maybe. Japan's NIKKEI Index down 265 points (3.11%) at
their midday break on Thursday (Japanese time). Index now at 8,273, well
under the 8,500 they were fearing could start toppling some of the banks due
diminished capital holdings in their stock portfolios. I have no clue how
long the effect may take, if at all, as I am still not sure if they yet have
to mark to market daily (I think I recall reading that the deadline for last
fall kept getting postponed so they would not have to recognize their
"paper" losses any more than they yet have to acknowledge their "bad"
loans).

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley



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