SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Simon who wrote (7094)10/24/1997 1:43:00 AM
From: Mark Adams  Read Replies (2) | Respond to of 94695
 
I've been told repeatedly to stay out of the HK market. For once I'm glad I listened. I will say that a world wide drop was completely out of proportion to the events. (Yet I remember converting most of my winners to cash 4 weeks ago when reading about the crisis in SE Asia reminded me of deflationary tales spun years ago).

The current question in my mind, is can the questionable loans held in various SE Asia banks hurt the banks in, say, Australia? Could we have a domino effect? ( I ask, because I've a desire to own Australian Banks for some reason as yet unidentified)



To: Simon who wrote (7094)10/24/1997 10:30:00 AM
From: geneh  Read Replies (2) | Respond to of 94695
 
Simon

You and Bonnie are right about a "dead cat bounce". At the moment, we're up only 31 or so points up in NY, after being up almost 100 earlier. Incidentally, HK was all over the place in the last 45 minutes last night. HK was only up 270+ at one time, but surged to close up 700+.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News