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Strategies & Market Trends : Asia Forum

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To: Zeev Hed who wrote (7150)	10/16/1998 11:00:00 AM
From: Bosco	of 9980

Dear Zeev - without repeating everything already said here, there are 2 additional points to support Chairman Al from my pov. 1. as predicted [by retail sales etc,] today CPI looks a lot different than the PPI shown yesterday. 2. Even if there is a danger of liquidity flowing in to equity, one of the concerns about the looming possibility of recession is that it could be started on Wall Street instead of in the Main Street this time; therefore, by preventing a Wall Street meltdown, the Fed directly or indirectly would also prevent the Main Street meltdown. best, Bosco

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