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Strategies & Market Trends : Point and Figure Charting

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To: Giordano Bruno who wrote (3799)6/17/1998 8:15:00 AM
From: wizzards wine  Read Replies (2) of 34811
 
Todays Asia #'s and picture since July 97

STOCK MARKETS.....

Change on the day... WED 17 1117.GMT.

Market......Current....Prev Close...Pct Move

Indonesia....419.44......399.51......5.0%

Malaysia.....450.88......435.84......3.5%

Philippines..1716.18.....1726.55....-0.6%

Singapore....1107.70.....1048.96.....5.6%

Thailand.....272.94......257.44......6.0%

Hong Kong....8004.35.....7526.45.....6.3%

Japan........14715.38....14720.38....0.0%

Taiwan.......7466.38.....7404.27.....0.8%

Korea........303.81......280.00......8.5% ..... .....

Change since start of Asia crisis.....

Market......Current....July '97.......Pct Move

Indonesia....419.44......731.00......-42.6%

Malaysia.....450.88......1230.00.....-63.3%

Philippines..1716.18.....2815.00.....-39.0%

Singapore....1107.70.....1981.00.....-44.1%

Thailand.....272.94......569.00......-52.0%

Hong Kong....8004.35....15055.00.....-46.8%

Japan........14715.38....20000.00....-26.4%

Taiwan.......7466.38.....9000.00.....-17.0%

Korea........303.81......770.00......-60.5% .....

I'm not so sure the little bailout package
that Japan just announced will turn around
their economy. Their ideals and practices
are totally differant that those in the rest
of the world.

Most likely a nice run up on US markets today
followed by the bubble bursting again...

Later
Preston
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