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Pastimes : Ask Mohan about the Market

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To: Joseph G. who wrote (6378)10/27/1997 8:11:00 PM
From: IceShark  Read Replies (1) of 18056
 
Joe, Well the Aussies and NZ are getting the poop knocked out of them - down about 10% already. Should be comming up on 8:00 am in HK, wonder when their market opens? Got a call from some pals in Guam wondering what the heck happened, they are all looking westward and watching the markets fall like dominos. Big monster stone ones like stonehenge. -g- Here comes the blood with a vengeance.

Rubin's comments seem to fit my guess that they won't do much, for the time being. What can they do anyway? I agree with that Hugh Johnson guy - market shutdowns ain't good for confidence if you ever plan on using the money for something real.

Regards, Dan
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