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To: shane forbes who wrote (9612)	2/9/1998 8:52:00 AM
From: Beachbumm	Read Replies (1) of 25814

Boy, are you and I on the same wavelength. I am looking to sell covered calls on further gains in the next weeks. Asia is beginning to bother me even more. The socio-political fallout may be extreme. I have some firsthand experience of Indonesia and while the govt. (a.k.a. military) can be very firm, it also will allow abuse of the ethnic Chinese minority as a pressure release valve in this crisis. (You know, let's blame the Jews!) Same will happen in Malaysia. And it's the Chinese who are really the linchpins in the local economies. How will the mainland react if the overseas Chinese are being suppressed or looted? Will China devalue the yuan to compete against the other tiger currencies? The more forcefully it says no, the more I am thinking, Yes! I do not think we have seen the worst yet. Japan to the rescue?? Beachbumm

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