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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1514)	4/4/1998 11:59:00 PM
From: synchro	Respond to of 2951

That strategy, if true, exhibit a woeful and laughingly lack of understanding of how markets work. If fundamentals do not merit it, any short term price pressure created by China's dumping would be corrected after a brief period--sort of like a rubber band snapping back. I would like to so see which is stronger: $50 billion of Chinese selling of Treasury bonds in order to indirectly influence the U.S stock market, or $200 billion of buy-on-the-dip US mutual fund-buying baby boomers. TKO, End of story.