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Re: MKT - Hang Seng Data



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Jeff 
It looks like we are seeing a MAJOR divergence btw the Dow and Hang Seng
Indexes In addition the 30 bond market is not (as of yesterday) confirming
the dow move I believe what we have here in the us is a bull trap .
My indicators now look overbought  and I expect  thes divergences to
correct themselves possible Thursday . Band indicators for the dow are
showing a top at about 8120 then a drop to thw 7900 level

I wont be on line for a few days Im going to Disneyland(im actually not
kidding here) for a conference for/with my wife

have a nice weekend

my $0.0002


al
At 06:20 PM 10/22/97 +0800, you wrote:
>Greetings Al & Traders:
>
>Hang Seng Index:
>10/22  12240.00  12412.40  11637.79  11637.79  -765
>
>Hang Seng Futures:
>10/22  12230  12970  11660  11700  -630
>
>Have a good one
>Jeff Harteam
>Hong Kong
>
>