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Strategies & Market Trends : HONG KONG

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To: Ron Bower who wrote (2256)	9/1/1998 5:05:00 PM
From: Tom	Read Replies (2) of 2951

What have we here? \| S&P up 4% \| Mexico down 5% \| And not so much as a word about it on the wires during business hours. Appears the funds are bailing on Mexico. I see where they wheeled-out the Cohen woman again. Merrill Lynch opposed what she advised, opting instead for the truth. Refreshing I thought. But they were the only one. The U.S. Federal Reserve is stuffing the global void created by declining commodities revenues w/ U.S. dollars. Money for nothing. Too many analysts are using the wrong indicators. Why is everyone so worried about a Russian economy that's not much larger than that of Switzerland?

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