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Strategies & Market Trends : HONG KONG
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To: Defrocked who wrote (2129)8/20/1998 4:13:00 AM
From: tom  Read Replies (1) of 2951
 
HKMA in the market again today although this time they were buying in the futures market and in fact sold some of their cash positions to try and square off their books a bit.

I still think that hedge funds have not been stopped out and some have increased their short positions.
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