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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (17377)3/26/2002 6:47:07 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Ray, <<countervailing force>> ... and thus my hesitation on predicting the conclusion AND the timing of conclusion ...

Message 17240234

<<Hang Seng>> I remember that day well, because my buddies got slaughtered when the index simply refused to budge, flatlined, as if the stock monitor is frozen. I had organized a meal between a Monetary Authority pal and my fund pals that very night, and the atmosphere was electric:0!

Ordinary people cheered. Government critics and WSJ screamed. Then, all was well, and all silenced, but, like I mentioned, probably because the US had to intervene globally due to Russia/LTCM.

Chugs, Jay
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