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Gold/Mining/Energy : American International Petroleum Corp
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To: Terry W Weaver who wrote (4186)10/27/1997 2:19:00 PM
From: qdog  Read Replies (1) of 11888
 
I won't say that was their wish, as every Oct. they talk about crashes. However Hong Kong collapse proved to be a trigger and excuse to sell. They certainly didn't have any affect on them nor did they crash on Monday but Wednesday. Asia has been in horrible shape for sometime in Thailand, Malaysia and it finally affect a significant market Hong Kong. Look back last week, China Telecom was a very lousy IPO here in the US. I guess in hindsight that should have been a sign. I still think if Clinton's campaign probe starts to get worse, it won't be good for stocks.

I might add that oil will start to be question. Global demand might start to wane as these nation roll back consumption, if their markets and currencies don't rebound.
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