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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Instock who wrote (6482)10/28/1997 9:03:00 AM
From: Tenpole  Read Replies (1) of 79273
 
All,

London puked today on the back of a further collapse in HK. FTSE 100 is currently down 331 at 4509 (7%) but has come back after being down over 400 at one stage. The view is it is waiting on New York and if Wall Street opens significantly weaker, London will put up even more red. Some blue chips (ICI) have drifted as much as 20% off today....The problem is Europe-wide with the DAX off almost 9%.

Tenpole
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