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To: KeepItSimple who wrote (70709)	7/29/1999 6:45:00 PM
From: GST	Respond to of 164684

The Europeans are selling this market right along with the Japanese -- they have been trying to leave in an orderly manner -- but as the ship sinks it will get pushy -- I don't know about tomorrow -- but come Monday I think foreign money will be getting more edgy -- Europe could sell-off pretty hard on Monday before our market opens. Europeans account for 60% of last years flows into US stocks and bonds. They are less afraid of intervention -- heck, Europe would like a little more uumph in their currency. I think there will be some sober reassessment of risk levels by all concerned after today's tragedy. Charles Manson, in his own demented way, etched the high-water mark of the sixties. Perhaps the horrible murder of defenceless people today was the high water mark of this day trading Las Vegas style stock market.