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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (954)	8/4/1998 5:27:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 3339

David, The Hang Seng breaking 7000 is another. The Hong Kong Real Estate Bubble is considered by some analysts 10x the Japanese real estate bubble of 89. The rally has faded in Hong Kong and the underlying strength (a/d line) was very poor. It was also a countertrend A-B-C rally - not good. I think we will see Hong Kong break support before the N225. I think the street is starting to wake up to this fact and thats why the rallies have been so wimpy since the peak. bb