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To: marginmike who wrote (21054)8/30/1998 10:21:00 PM
From: JHC44  Respond to of 45548
 
Hong Kong not pretty..............down 7%



To: marginmike who wrote (21054)8/31/1998 1:23:00 AM
From: joe  Respond to of 45548
 


>>TA on many stocks and market look real bad.<<

TA and unexpected/volatile world market events don't mix.

>>The only reason this market hasnt collapsed has been
liquidity.<<

And it very well could save our butts. If economy
cools down, then Greenspan can lower rates, and cool
down the entire world with more liquidity. Germany
also. Real interest rates are way too high. One can
argue that we should have more liquidity.