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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: lin luo who wrote (1483)8/11/1998 3:07:00 AM
From: allen menglin chen  Read Replies (2) | Respond to of 2578
 
--OT-- HK HSI 60% correction
You did say that after Clinton's visit--HSI 60% correction. But I doubt that even 6,000 is the bottom. Since HK is in the worst shape in the last 30 yrs. In 1970's, HSI lost 90%. And real estate market has not found its bottom now! This round the blood might stop at 6500. But it might reach 5,000 early next yr. Especially if the peg goes, then HSI could see 80-90% correction??? Why just 60%???
BTW, China H share index is 80+% off its high, where is the bottom? Did you throw out your SHI?