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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: patton who wrote (4614)	10/29/1998 12:28:00 AM
From: Tim Luke	Read Replies (1) \| Respond to of 7247

years ago i had merrill lynch manage a chunk of my money while i was getting started as a trader....what a joke that was, they charged me 3% a year to yield me 15% for the year....15% in 4 days is more like it not 12 months.

To: patton who wrote (4614)	10/29/1998 12:31:00 AM
From: Tim Luke	Respond to of 7247

HK stocks end morning down, but off lows HONG KONG, Oct 29 (Reuters) - Hong Kong stocks were down at the midsession close on Thursday but off their day's lows after a morning of choppy trade ahead of the expiry of October Hang Seng Index futures this afternoon, brokers said. The blue chip Hang Seng Index ended the morning down 192.46 points, or 1.94 percent, at 9,734.59 after hitting a session low of 9,578.19. Turnover was HK$5.00 billion, higher than HK$3.17 billion at Tuesday's midsession before a one-day public holiday. ''Sentiment turned a bit bearish on news Paliburg is facing financial troubles and Moody's cut ratings of (five of) China's ITICs,'' said Adrian Ngan, head of Hong Kong Research at

To: patton who wrote (4614)	10/29/1998 12:32:00 AM
From: Tim Luke	Read Replies (5) \| Respond to of 7247

Thursday October 29, 12:04 am Eastern Time Tokyo stocks bit lower, blue chips under pressure TOKYO, Oct 29 (Reuters) - Tokyo stocks shed early gains to trade slightly weaker in mid-afternoon trade on Thursday, as major electrical exporters such as Sony and Hitachi were under selling pressure, traders said. But bank shares retained a firm tone amid expectations a number of banks will apply for public funds to shore up their capital bases, keeping the Nikkei average from sliding further, they said. At 0459 GMT, the benchmark Nikkei average was down 76.06 points or 0.56 percent at 13,440.01. December Nikkei futures were down 110 at 13,450.