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To: Daniel Schuh who wrote (13756)10/27/1997 6:50:00 PM
From: Charles Hughes  Read Replies (1) of 24154
 
On another note, I am *way* glad I decided to get less leveraged on margin this last month.

Still a killer day (*cough*). I hope tomorrow is a little more fun. 1987 redux, except for no bounce :-(((

Let's see how this works: Asian currency and stock markets have imploded, so Asian imports are going to be even cheaper, killing our jobs and domestic manufacturers, and our exports are not going to be affordable, so there go our profits. American investors in Asian stocks and other instruments are losing their shirts. Meanwhile people tearing their hair out all over Asia, or worse. Are there any winners in the scenario?

I've gotta call a few friends in HK tonight and make sure they haven't thrown themselves under the tram.

Chaz
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