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To: fut_trade who wrote (2678)	11/12/1997 1:22:00 AM
From: h.l. meeks	Respond to of 27307

Can you read that, Peter? <G> . I've been watching these international pages every night, since Panic Monday. The Hong Kong Exchange, for example, stops trading for lunch. Every night the quotes stop for an hour at 11:30est. How could you eat? I'm 70% short(the rest in cash) in my margin accts., and only 15% invested in my retirement accts, and it looks like I'm going to clean up in the morning----and I still feel queasy watching Hong Kong, Japan, and South Korea roiling like this. Brazil and the new Russian market are getting pounded daily, now. Is a financially unstable Russia in our best interests? The only question I have is, is the Dow going to hold the recent low of 7150? I doubt it. The biggest lie the media has spoonfed us recently is that the small investor didn't panic and kept our markets from collapsing. Pure propaganda. Just a two week hiatus, enough time for the big boys to sell us more stock, and slip out the back door. Your average Joe is going to be a big bag-holder. I'm not saying there's anything sinister going on here; just that markets don't get hit like ours has and recover---not without more pain. See ya on the other side.