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


To: Snowshoe who wrote (9658)11/13/1997 9:29:00 PM
From: Investor2  Read Replies (1) | Respond to of 94695
 
RE:"Alaska when oil prices crashed in the mid-eighties. ..."

What was the price of oil after the crash? $14/barrel?

Thanks,

I2



To: Snowshoe who wrote (9658)11/14/1997 12:15:00 AM
From: Mark Nelson  Respond to of 94695
 
Re: HK real estate devaluation/banking crisis/currency crisis

Yeah, pretty scary, huh? You've got to wonder why the Hang Seng isn't tanking more. Talk about perma-bullls.

If we were in the midst of similar circumstances, my short-o-meter would be in the red. Not that things are so great here. But if it's better than the alternatives on a risk/reward basis people will buy it (whatever market). Looks like they're getting the picture over in Tokyo tonight. Nikkei down to 15073.83 (-353.44).

Let me put it this way, if I were short HK, I'd really be suspicious and/or nervous. Just a little TOO exhuberant if you know what I mean.

Mark