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To: Ramsey Su who wrote (14232)	8/28/1998 10:38:00 AM
From: marginmike	Respond to of 152472

ramsey most of the market is aware of Honk Kong intervention. Thus when market gets whacked nobody will be suprised. It might cause a ripple, but I disagree that it will be the apocolypse!

To: Ramsey Su who wrote (14232)	8/30/1998 2:56:00 AM
From: waverider	Read Replies (1) \| Respond to of 152472

Ramsey is right folks. The market has NOT factored in anything concerning this issue. If anyone saw Wall Street Week on Friday you'll know what I mean. Everyone and their brother is sitting back encouraging every fool to buy on the dip. Everything is fine. Both mutual fund companies I'm with have sent me letters encouraging me not to sell but to be confident and to be a "long-term" player, not a timer. As far as I can see, these self serving idiots are just trying to calm everyone down to preserve their jobs. There is caution in the wind and folks need to be aware of it an concentrate on preserving capital. <H>