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Non-Tech : Invest / LTD

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To: Lucretius who wrote (1941)	8/19/1998 10:35:00 PM
From: Thean	Read Replies (1) of 14427

LT - below is the link to how Malaysia is following HK's footstep to pump money into the local stock market to boast its price that Fleckenstein alluded to. HK is continuing the rally and Malaysia is up another 6% after an 8% today. This can become a trend and we may have a new meaning to Asian Contageon where more and more Asian countries digging into their national reserves to rescue their stock markets. I'm no economist here but this to me signal they have just increased their risk one notch and their economies better turn around soon or else they will further mortgage their future wealth. Can you play a bullish economist here for a change? thestar-malaysia.com

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