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To: SPEEDRACER who wrote (10073)11/19/1997 7:22:00 AM
From: Jess Beltz  Read Replies (1) | Respond to of 25960
 
Speedy, you are correct. To give you an idea of the volatility in this part of the world, i posted that note at about 3:45 HK time, 15 minutes before the close. In that last 15 minutes, the index rallied upward about 150 points.

The heart of the previous message, however, is that i don't think investors are going to act on (or react to) good news with the same buying enthusiasm they showed when the bull market was fully intact.

jess


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