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To: Jon Koplik who wrote (14354)8/31/1998 3:27:00 AM
From: engineer  Respond to of 152472
 
Thanks for the links Jon....

in looking at the Hang Seng, it looks like it went from a high of 17000 to about 8000 in 4-5 months, which is the same as the 1929 crash of the US. (about 50%...). I didn't hear of alot of people in Hong Kong jumping off roofs last year....and it did not crash the US markets at all. I wonder if those same investors took their money out of Hong Kong and put it into the US market to get it heated up again...about the same time Hong Kong came down, the US came way up.

Just a perspective....