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Strategies & Market Trends : Waiting for the big Kahuna

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To: Moominoid who wrote (24458)8/17/1998 1:05:00 AM
From: TRINDY  Read Replies (1) of 94695
 
D.S. The HK market is on vacation tonight. The closing price on the Hang Sang is for Thursday/Friday action. That 8% increase was owing to state intervention. Guess they knew that they were having a vacation today. Given the action in Japan and China tonight, I would guess that a good part of that 8% gain will disappear.
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