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To: Pierre-X who wrote (4387)9/8/1998 9:44:00 AM
From: LK2  Respond to of 9256
 
***OT***For Personal Use Only. Stitch, I just don't understand the news, even when it's simple. This news article says the >>>Malaysian stock market crashes, plunging 21 pct in aftermath of trading restrictions and forex controls.<<<

Am I going crazy? Not entirely. I thought I saw, last night, that the Malaysian market was up about 22% on last night's quotes, for the day. But now I see that, according to this morning's quotes, the Malaysian market is down about 21%, for the day.

Was all that in one day, or two days? (Going up 22%, and then down 21%) Any way you look at it, that's one wild ride.

Regards,

Larry the Cheerful

biz.yahoo.com
Tuesday September 8, 8:51 am Eastern Time

Wall Street stocks poised for big
opening rally

U.S. stock market set for powerful rally at open after Friday
Greenspan speech raised hopes for rate cut to stem deflation from
global slowdown. Sept S&P stocks futures up 23.6 points on
Globex. Dow futures indicate nearly 200 point rise at start of trade.
Long bond down 23/32 to yield 5.33 pct as European, Asian shares
advance. Malaysian stock market crashes, plunging 21 pct in aftermath of trading restrictions and forex
controls. No major data due out. DOW S&P500 NASDAQ NYSE ACTIVES

Copyright c 1998 Reuters Limited.