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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (7370)10/25/1997 4:59:00 PM
From: Mark Nelson  Read Replies (1) | Respond to of 94695
 
From: South China Morning Post

Yam hits short-sellers with a nuclear strike:
Given the extent of Hong Kong's asset bubble, the ruin from a banking
collapse would be incalculable. If it is necessary to risk the integrity of the
entire financial system to defend the currency regime the question arises:
why keep it? As a result, uncertainty feeds upon itself.
scmp.com



To: William H Huebl who wrote (7370)10/25/1997 5:03:00 PM
From: John Hunt  Read Replies (1) | Respond to of 94695
 
Bill,

I am using CCI(14) to try to look ahead a week or two, not backwards.

My oil charts show the indexes (XOI & OIX) at about the same level as four weeks ago but the CCI has dropped from about +100 to about -150 over the same period.

I guess we will just have agree to disagree and see what happens.

:-))

Regards,

John

PS - Have a great evening.