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Strategies & Market Trends : Value Investing
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To: Jyoti sharma who wrote (3045)1/15/1998 10:25:00 AM
From: jeffbas  Read Replies (2) of 78652
 
Hkg unpegging or Chinese devaluation = - 1,000 DJII.

Would you please lay out your reasons why you think there would be that reaction? I want to understand this situation better than I do.
What are the odds of an unpegging/devaluation in your opinion? Are those countries/companies up to their eyeballs in leveraged debt as well?
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