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


To: Haim R. Branisteanu who wrote (9645)11/13/1997 7:50:00 PM
From: Mark Nelson  Respond to of 94695
 
News from Hong Kong:

"Asia's financial turmoil has not been fully
factored into the Hong Kong stock
market and the Hang Seng Index will not
be a buy until it falls to 9,000 points,
according to brokerage Schroder
Securities Asia."

scmp.com

"...public statements by leading
government figures that Hong Kong's
economy was "fundamentally sound"
were incorrect as they overlooked the
significant negatives looming over the
economy going forward."
*****************
And that from a BROKERAGE!

Onward...
Mark