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Strategies & Market Trends : HONG KONG

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To: Brad Bolen who wrote (2117)	8/16/1998 11:37:00 PM
From: Ron Bower	Read Replies (2) of 2951

Brad, Please read the scenario I made at the end of post #2113. I know intervention doesn't work. I know that HK cannot hold off a sustained attack buy the international hedge funds. I also know that they must find some way to hold them off and get some stability or Hong Kong as it is today may be nothing more than another Shanghai. This may not be a battle only for their economy, it may be a battle for their autonomy. Other -I haven't spent much time on it, but I still haven't found the one quote I read from a hedge fund manager. Many quotes from brokers saying what the hedge funds are doing and their intentions. FWIW, Ron

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