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Pastimes : Ask Mohan about the Market

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To: Don Pueblo who wrote (8783)	11/20/1997 11:59:00 PM
From: Mark Nelson	Read Replies (2) of 18056

From tomorrow's So. China Morning Post Malaysian shares plunge as ringgit falls to record low scmp.com Seems the undertow won't quit. Check out the chart of the Quala Lumpor Composite. Now THERE'S a CHART! Quotes: " A dealer at a domestic brokerage said margin calls and tight liquidity worsened the bloodletting yesterday, with blue chips bearing the brunt of selling." "Now people are really unhappy and blaming everything on market policies and the lack of transparency. It is a falling market and nobody is there to support it," the research head said." "It's a cocktail of depression. Market sentiment has been badly wounded and investors want out. The stock market is like a bottomless pit," a forex dealer said." Mark

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