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Rajesh:
You are incorrect. No single person or group can control the markets. Back
in 1929 during the crash period when the markets were going up and down; it
was easier for a few wealthy individuals to try to control the market, but
they couldn't. For example: at one point John D. Rockefeller, then
considered the wealthiest person in the world, said that there were great
values in the market and that he and his son were buying Shell at 45. Shell
shares proceeded to fall to the lower 20's. The markets are much larger and
so it is much more difficult to control them now than it was then. Yes,
Soros has caused some currency panics, but weren't they short lived? Also,
Soros has lost many $ on wrong guesses.
There were warnings for years about the fragility of the Asian economies and
their banking systems. Just dig out the financial papers and do some hard
work research or talk to a knowledgeable person.
-----Original Message-----
From: Rajesh <rajesh@xxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Thursday, August 13, 1998 8:54 PM
Subject: Re: Politically and Socially Incorrect
Soros is the real culprit of all the current problems (except for
zippergate).
Starting with Thailand, Indonesia etc Soros, as we are aware has a huge
following. It is not Sorosīs capital that frighten countries but the
followers
that jump in behind Soros. Soros talks and currencies walk.
Blame it squarely on Soros.
Guy Tann wrote:
> What you really have to worry about is Russia dragging down the rest of
the
> European markets, especially Germany which has a large exposure to the
> Russian problem.
>
> This can spread throughout Europe and combined with the Asian problem
might
> mean that eventually it'll reach us here....
>
> Then we'll be looking for anybody to blame.
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]
> On Behalf Of Bill Saxon
> Sent: Thursday, August 13, 1998 8:24 AM
> To: Fasttrack EMail List; Metastock EMail List
> Subject: Politically and Socially Incorrect
>
> F* those Russians. <]:-(
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