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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?


To: Tom who wrote (2356)9/24/1998 11:46:00 PM
From: Zardoz  Read Replies (1) | Respond to of 2951
 
"Why should the weight of the federal government be brought to bear to help-out a private investor? It is not a bank. This has implications about public policies."

Personally, I don't care. But considering it's YOUR countries banks that are on the hook. And that's who the FEDS are bailing out {Not LTC} than maybe if you understood the situation a bit better, you could make an opinion. I've always been prepared for the lowest common denominator since 1990. {let's get it on, and see who survives}

Hey let them liquidate at market, and see what's left tomorrow.
And I see HK is down today.. And Japan.

PS: Who's Paul Volcker.

Now you know why the FED announced they were lowering rates so fast.