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<TD width=402><!--Start Header Block--><BR><B><FONT size=6>Tokyo
stumbles at the gate</FONT></B>
<P><FONT color=#008080 size=5>Wall Street sell-off, Russia worries
drive Nikkei to 12-year low </FONT>
<P><A href="/specials/russia/"><FONT size=2>Special report: Russia
rocks markets</FONT></A> <BR><BR><FONT color=#008080 size=2>August
27, 1998: 8:47 p.m.
ET<BR><BR></FONT><BR><!--End Header Block--></P></TD></TR></TBODY></TABLE>
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<CENTER></CENTER><BR clear=left><B><IMG border=0 height=47
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<P><A href="/markets/9808/27/marketwrap/">Russia roils U.S. stocks -
Aug. 27, 1998</A> <BR><BR><A
href="/markets/wires/9808/27/eurostocks_wg/">Europe feels Moscow
malaise - Aug. 27, 1998</A> <BR>
<P><IMG border=0 height=47 src="/images/relatedsites.jpg" width=109>
<P><A href="http://www.cnnfn.com/markets/world_markets.html";>World
Markets</A>
<P><A href="http://www.tse.or.jp/eindex.html";>Tokyo Stock
Exchange</A> <BR>
<P>Hong Kong Stock Exchange
<BR>
<P>Singapore Stock Exchange
<BR>
<P>Sydney Stock Exchange<BR>
<P><A href="http://www.cnnfn.com/markets/bridge/asia.html";>Bridge
News - Asia & Australia</A> </P></TD>
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<TD align=left vAlign=top width=320><!--Start Body-->TOKYO (Reuters)
- Japanese stocks plunged in early trading Friday as worries over
the widening impact of Russia's financial and political crises
deepened after New York stocks plunged on Thursday, traders said.
<BR><IMG height=2 src="/images/spacer.gif" width=15> Shortly after
the opening, the benchmark Nikkei 225 stock average was down 609.14
points, or 4.23 percent, at 13,804.65, its lowest level since it
closed at 13,994.60 on March 7, 1986. Widespread selling pushed
every sector. Decliners throttled advancers 776 to 46 with 91 issues
unchanged. <BR><IMG height=2 src="/images/spacer.gif" width=15>
Nikkei September futures tumbled 700 points to 13,740.<BR><IMG
height=2 src="/images/spacer.gif" width=15> A delay in the passage
of key bills aimed at repairing Japan's tormented banking sector
also was an intensifying factor in the Tokyo market's downward
trend.<BR><IMG height=2 src="/images/spacer.gif" width=15>
"There are no factors that will encourage buying," said a
trader at a European brokerage house.<BR><IMG height=2
src="/images/spacer.gif" width=15> "The market environment has
not changed since yesterday," said Yasuo Ueki, general manager
at Nikko Securities Co. Ltd. "It is in fact worse, as the Dow
dropped last night."<BR><IMG height=2 src="/images/spacer.gif"
width=15> On Thursday, the Nikkei ended down 452.24 points, 3.04
percent, at 14,413.79, its lowest price in six years. Nikkei 225
September futures dropped 410 points to 14,440. <BR><IMG height=2
src="/images/spacer.gif" width=15> Automakers were expected to set
the tone after <B>Hino Motors Ltd.</B> said it expected to record a
loss in the current fiscal year due to a severe slump in Japan's
truck market, reversing a prior forecast of a slight profit.
<BR><IMG height=2 src="/images/spacer.gif" width=15> The Tokyo Stock
Exchange said on Friday that it had suspended trading of <B>Daihatsu
Motor Co. Ltd. </B>after<B> </B>Japanese financial daily <I>Nihon
Keizai Shimbun</I> reported that the carmaker's parent company
<B>Toyota Motor Corp.</B> will announce a plan to acquire at least
67 million Daihatsu shares. <BR><IMG height=2
src="/images/spacer.gif" width=15> <B>Australian</B> stocks also
joined in the global market retreat, pulled lower by concerns over
Russia and the Dow's overnight selling spree, traders said. <BR><IMG
height=2 src="/images/spacer.gif" width=15> The All Ordinaries index
was down 94.3 points, 3.68 percent, at 2,466.3 in the first minutes
of trade. <A href="#TOP"><IMG alt="Link to top" border=0 height=12
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<CENTER><I><FONT size=2>Copyright 1998 <A
href="/resources/legal/terms.shtml#REUTERS"><I>Reuters</I></A><I>.
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</x-html>From ???@??? Thu Aug 27 22:00:04 1998
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Reply-To: Kozo.MORIMOTO@xxxxxxxxxxxxxxxxxxxxx
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From: "MORIMOTO, Kozo (FinAssets)" <Kozo.MORIMOTO@xxxxxxxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: GEN: where can I get CTA rankings
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Is there a web site or whatever where I can get a ranking of CTAs and the
strategies/techniques they follow?
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