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To: Kenneth M. Koff, CPCU who wrote (20102)10/31/1997 1:49:00 AM
From: Brian B. Cole  Respond to of 176387
 
Yes I do... If Hong Kong is positive tonight, there will be a nice
rally on wall street friday. The tech sector is especially concerned
over Asian markets. Asia is a growing segment of the tech industry.
The sooner the Asian markets level off to stability the better.
Psychology has been shaken in this market.



To: Kenneth M. Koff, CPCU who wrote (20102)10/31/1997 2:18:00 AM
From: Brian Hutcheson  Respond to of 176387
 
Kenneth , I agree with you on Hong Kong not being as important as people think . The Nasdaq went up 50% since march , that broke the trendline by a wide margin on the upside (about 250 points above)
it was just looking for a trigger event , HK provided that now the die is set and the correction will run itself out IMHO ,
regards , Brian


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