October
2nd 1998
At 1:05 AM Friday
morning I got a call from my
office that the markets
in Japan, Hong Kong and Europe
have dropped on a major level.
If things get worse
we will be forced to review our
defcon level.
We will keep you updated
as things happen. Such much for
my much needed rest.
I feel at this time that
we should be ready to move in a
way that will
have everyone forewarned of what
is to come.
As always I will keep you
updated of things as they
happen.
Tia
October 2nd 1998
At 8:05 AM HBT
(Hades Base Time) Friday morning
the markets in Europe are
closed.
Europe is having some major
market problems.
What started off in
Japan and Hong Kong is now all
over the world. At this
time we are not going to move to
the next defcon level.
The main markets in
Europe are as follows.
Frankfurt down 263.99
that's -6.25%
London down
168.5 that's -3.43%
Moscow down only 22.43 that's
-10.77%
Paris up 1.13 that's up +0.04%
Zurich down 229.6 that's -4.19%
But there is one bright
spot in this mess.
At 8:05am HBT, the US market
were up overall. The dow was up
101.44 the S&P 500 was up
11.41 and the
Nasdaq was down 2.42.
At this time I do not see
a large problem for the US
markets, but if the
markets in Europe keep going in
their tail spin then we will
review our
defcon level. Again we will not
be going of the next level or
readiness.
Tia.
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