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To: GST who wrote (74577)	8/18/1999 9:48:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Japan talks yen down -- for about fifteen minutes. see below: Wednesday August 18, 9:11 pm Eastern Time Premature yen rise unfavourable--MOF's Kuroda GST, You are certain Japan cannot control it? Glenn

To: GST who wrote (74577)	8/18/1999 9:55:00 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 164684

I guess that's why the dollar is currently down to 111.60 yen at 6:50 pm pacific right now? biz.yahoo.com Looks like some serious foreign currency is heading quickly for the exit of our insane bubble economy.. More pressure on our markets, and more pressure on greenspan to raise rates to try and keep some of the cash here in our treasury notes.. S&P futures also -1.70 right now and dropping. If we get to 110/$1 on the yen/dollar conversion, the bottom is going to start falling out of our market in a very ugly way. Japan dumped tons of money into the currency markets trying to keep the yen low, only to have it rise immediately after they stopped pouring in the money. They may as well have thrown the money into a fire- it did no good whatsoever last time.