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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (7309)	10/25/1997 11:35:00 AM
From: Haim R. Branisteanu	of 94695

We have now a new Stock Broker in China. Jiang Zemin calls for calm; Hong Kong brokers warn of turbulent week Copyright c 1997 Nando.net Copyright c 1997 Agence France-Presse HONG KONG (October 25, 1997 09:46 a.m. EDT nando.net) - Hong Kong received support from Chinese President Jiang Zemin Saturday over threats to its currency and equity markets, while analysts warned of more turbulence in the week ahead. Chinese President Jiang Zemin called for calm in the territory's markets, saying the slump did not reflect Hong Kong's strong economic fundamentals. "I believe the ups and downs in the market are a natural phenomenon," Jiang told a media briefing on the eve of his state visit to the United States. "No rational investor will lose confidence about the future of China's economy," he said. Is it not this country who operate most factories with heavy losses, and lauched the RED CHIP mania?? Well such asurances trouble me plenty Happy Trading HAim

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