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To: swisstrader who wrote (3221)	1/11/2000 6:08:00 PM
From: TobagoJack	Read Replies (1) \| Respond to of 6020

THe hedge funds had bought into HK before October/November. Lehman and Morgan has year end 2000 index target of 12k and 21k (the band is wide enought to squeeze two Nasdaq index through), the HK government wants the index up so as to unload more tracker funds (blue chips bought during 1998 intervention). Generally, in HK, when the boys have trouble talking up the market, they act in concert to talk it down, else they can not trade for own house and make risk free money. HK is a big piggy bank, full of diamonds, Mercedes and has the highest concentration of Ferraries. HK retail generally follows US and Japan, rarely go its own way unless led by the nose by the boys. Japan and the US went up, but we did not. We were led by the nose. Mr. Soros, are you there?