Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Simon who wrote (7094)	10/24/1997 1:43:00 AM
From: Mark Adams	Read Replies (2) of 94695

I've been told repeatedly to stay out of the HK market. For once I'm glad I listened. I will say that a world wide drop was completely out of proportion to the events. (Yet I remember converting most of my winners to cash 4 weeks ago when reading about the crisis in SE Asia reminded me of deflationary tales spun years ago). The current question in my mind, is can the questionable loans held in various SE Asia banks hurt the banks in, say, Australia? Could we have a domino effect? ( I ask, because I've a desire to own Australian Banks for some reason as yet unidentified)

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