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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Defrocked who wrote (5694)8/20/1998 9:12:00 AM
From: Stitch  Read Replies (1) | Respond to of 9980
 
Defrocked,

<<Does this make you feel better or worse, Stitch?>>

It is artificial so it makes me feel even more cynical. But then a 28 point rise would have been nice to get in on. I wonder how many cronies had advanced notice? Actually, the 8 point rise the other day came after Mahatir said he would use pilgrim funds (these are funds to provide a vehicle for Malay Muslims to save money in order to make the Haj to Mecca) to buoy the market. I guess it is better for the faithful to drop their funds into the market rather then make the Haj and get trampled or roasted in a fire.
Best,
Stitch



To: Defrocked who wrote (5694)8/20/1998 3:24:00 PM
From: Investor2  Read Replies (1) | Respond to of 9980
 
What's going on? All of the SE Asian governments seem to be buying private businesses at the bottom, after 75% drops in value. Maybe this isn't the era of economic freedom, after all.

What do you think?

I2