Go to Jeff Salisbury LWGate Home Page.From: "inderjit" <inderjit@adelphia.net>
Subject: RE: [CANSLIM] domino theory??
Date: Thu, 10 Oct 2002 05:02:42 -0700
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Yes, Japan Nikkei is 19 years low, Nasdaq 6 and Doe 5 year low now. It will take another generation to reach to new highs again. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Wednesday, October 09, 2002 8:21 PM To: CANSLIM Subject: [CANSLIM] domino theory?? 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 - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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