Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pogbull who wrote (30771)	4/4/2003 8:30:12 PM
From: TobagoJack	of 74559

Hello John, I had just sent the following e-mail to a friend: "I would say (a) Hong Kong is very relaxing these days, as most business trips are cancelled, and (b) many majority of retail/restaurant places are empty. We are taking all the precautions (masks, washing hands constantly, exercise, eat right, drinking lots of water), but I feel the whole thing has been blown out of proportion by the media. They have attached a scarry sounding name to a variety of flu, and managed to scare all into a state of existence that is fitting of the time of the great plague. The SARS event/process will of course further pulverize the HK economy and financial market in a 'shock and awe' manner, and I think it will help to set the markets lower, allowing the previously built-up excesses to clear faster. Many businesses that rents real estate and many landlords will go under unless events clear up fast." Chugs, Jay

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