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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: pater tenebrarum who wrote (19155)	7/2/1999 10:18:00 AM
From: Les H	Read Replies (1) of 99985

CHINA INVESTORS STEAM UP A report in a Chinese newspaper this week highlighted the dangers of elderly Chinese investors overheating during the summer months while watching their stocks rise. As Chinese stocks hit record highs this week and temperatures in Beijing averaged 38.3 degrees Celsius, the Beijing Morning Post reported that elderly investors have been monitoring their investments in poorly air-conditioned rooms. "Elderly stock investors with health problems should watch their health during the current heatwave," the newspaper quoted district hospital doctor Wang Peiyang as saying. quote.yahoo.com^SSEC&d=3m 3-month chart of Shangai Stock Index - up nearly 80 percent in 1 month but appears to have made a major reversal in the last week --- looks like the elderly will also need to watch their tickers as well as their tickers

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