SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: S Shaw who wrote (575)1/11/1998 9:37:00 PM
From: thebeach  Respond to of 18691
 
Give it a rest,why are all of you shorts trying to drum up more pessimism?Ten minutes later only down 5.5%. Go to bed !!!!



To: S Shaw who wrote (575)1/11/1998 10:47:00 PM
From: TATRADER  Read Replies (2) | Respond to of 18691
 
E.Scott, how do you obtain your data on foreign markets....Mark

P.S. To "thebeach", what would you expect, this is a shorting thread....How can we be positive...But I will take your advice and go to bed....



To: S Shaw who wrote (575)1/11/1998 11:48:00 PM
From: Ploni  Respond to of 18691
 
LONDON, Jan 11 (Reuters) - Regent Pacific Group Ltd's chairman Jim Mellon said Hong Kong's Hang Seng index could halve from current levels before it recovers, the Sunday Times newspaper said on Sunday.

"I hate picking movements in indices but I would predict the Hang Seng could fall to 4,000 or 5,000 before it bottoms," the paper quoted Mellon from the Hong Kong-based global emerging markets investment house as having said.

According to the Sunday Times, Mellon also said: "I don't think anything can stop a freefall in Hong Kong. There will be one more downward spiral involving the collapse of the Hong Kong market and the Hong Kong dollar."