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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Tim McCormick who wrote (17912)3/16/2000 2:47:00 AM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 42523
 
do they ever: "The benchmark TAIEX (^TWII - news) index lost as much as 4.51 percent in early trade after Zhu said the Chinese were ready to ``shed blood' to stop Taiwan from breaking away.

Authorities then unleashed a wave of buying from a ``stabilisation fund' and stocks rebounded to close 0.44 percent higher at 8,677.96.

Hotung Securities researcher Albert Lin said that after the intervention ``confidence improved slightly.'
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I feel sorry for shorts trying to play in Taiwan. It doesn't seem right. It's not a free market, when the govt intervenes, and then only on the long side. sheesh!