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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (54625)4/16/2000 9:41:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 122087
 
Barb, do you think this is just a correction or are we looking at an extended bear market? Or will the mo-mo guys just pick another sector to hype up?



To: Mama Bear who wrote (54625)4/16/2000 10:13:00 PM
From: Sir Auric Goldfinger  Respond to of 122087
 
DJN DJ HK Hang Seng Futures/Open -2: Spooked By US Plunge
26950 Apr 16 2000 22:01

J HK Hang Seng Futures/Open -2: Spooked By US Plunge

HONG KONG (Dow Jones)--The Hong Kong futures market is plunging Monday,
spooked by a steep plunge in U.S. bourses Friday.
The surprisingly strong consumer price index data released last Friday
prompted a selloff in the U.S. The Dow Jones Industrial Average fell 5.7% and
the tech-rich Nasdaq composite index slumped 9.7%. Both had their sharpest-ever
point drops in history.
In Hong Kong, around 0152 GMT (9:52 p.m. EDT), the April Hang Seng Index
futures has tumbled 1,200 points at 14900.
Market analysts said they expect a similar scale of correction in the cash
market which isn't expected to find support until it hits the 14800-15000
levels.
-0- 17/04/00 02-01G