SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Richard Ney and the Wall Street Gang
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ccryder who wrote (18)11/14/1997 12:34:00 PM
From: BenYeung  Read Replies (1) of 492
 
Great article, thanks for looking it up.
The writer mentioned the people rush to the bank to takeout there savings deposit when the things are bad and make things worse. This is so common in HK and this happens whenever there is political or economical crisis in HK. Chinese people, who lives in a close knit community, tends to do things in the same fashion together. If my aunt heard some rumors about the collapse of the bank, she would probably call all my relatives to get money out of the bank...and this continues and make things worse.

Yesterday and today, look at the seesaw intraday patterns, are clear signs that specialists are cleaning out the lower price territory, therefore a plunge would not attract too many seller at the same price levels.

By the way, I read in the new November FORTUNE which has an article that money inflow has NOTHING to do with the raise or fall of stock prices. Check that.

Thanks for your support.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News