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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (6099)10/27/1997 12:30:00 AM
From: Michael  Read Replies (2) | Respond to of 9285
 
I think the american markets will be down monday.
Hong Kong sinking sharply, worse is to come.
This might be the start of a cold and bitter bear market.
Short Zitel to $0.00

Your Friend, Michael



To: Roger A. Babb who wrote (6099)10/27/1997 3:00:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 9285
 
Hong Kong still down about 6%. I'm averaging up on CDRD today and setting stops for my tech stock long positions Merill Lynch can only hold up CDRD for so long.

Looking forward to the BROC news. Good luck today.



To: Roger A. Babb who wrote (6099)10/27/1997 3:12:00 AM
From: Mighty_Mezz  Respond to of 9285
 
Short interest rose 7.1% in the latest month on the Nasdaq Stock Market, marking the largest such percentage increase since October 1993.

full story in todays interactive WSJ at:
wsj.com



To: Roger A. Babb who wrote (6099)10/27/1997 6:11:00 AM
From: R. Bond  Respond to of 9285
 
Roger,

Hang Seng -646.4 at close in Hong Kong. Here's a good site for Hang Sengs Indexes, which also gives you the quote for London:

hangseng.com

Got it from this Hong Kong link site for world/local news:

hkbiz.com

Maybe BEN is finally going to suffer a little correction. That would be quite bearish for the market.

Cheers,
Bond



To: Roger A. Babb who wrote (6099)10/27/1997 6:29:00 AM
From: R. Bond  Respond to of 9285
 
BROADER MARKET
All Ordinaries Index: 5,570.72 (-1,226.36)
Hang Seng China Enterprises Index: 833.41 (-170.69)
Hang Seng red-chip index: 2,053.04 (-698.04)
Hang Seng MidCap 50 Index: 1,435.69 (-437.6)

CHINA MARKETS
Shanghai A
1235.791 (+4.653)
Shanghai B
67.468 (-5.64)
Shenzhen A
413.6 (+24.95)
Shenzhen B
118.81 (-8.29)

INTEREST RATES

HK Prime
9.5%
Taiwan
5.47%
Hibor
15%
Korea
12.4%
UK Bank Base
7%
Malaysia
9.1%
US Prime
8.5%
Thailand
16.25%
US Fed Funds
5.5%
Indonesia
21.59%
Singapore
7%
Philippines
23.9375%
Rates quoted are 3-month interbank and 3-month government bill yields.

Regards,
Bond