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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (4274)4/3/2001 4:33:32 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 4583
 
One could argue that the China thing could hurt U.S. businesses doing business with China... but, the China thing is not directly an economic situation, it's a political situation... political situations don't have a very long term impact on these markets... if the China problem were an economic problem, say that Japan went into a depression and Great Britain is about to follow Japan into an economic black hole, then that would be an economic situation which would have a longer lasting effect on these markets... political headlines are typically good for a few days, until people get tired of hearing about it, then the markets recover... actually, yesterday the DOW was up over 100 points and the NAZ was up around 65 points when the China story broke and sent these markets tumbling..... I still think these are great buying opportunities and I'm taking full advantage of it.....

GZ