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To: John Paquet who wrote (1188)	9/15/1999 4:00:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 1239

Only SKG up up up .>>> finance.yahoo.com as for VLV..check this-another 300,000 block, 7'th big in just that many days some fund accumulating heavy, really heavy!!! finance.yahoo.com

To: John Paquet who wrote (1188)	9/15/1999 4:11:00 PM
From: John Paquet	Read Replies (1) \| Respond to of 1239

Goldsnow!!! WawawawawawaWAWAW!!!! What a day of the market Dow -108, Nasdaq -54.42 Oil index -more than -923, oil + @24.15 GTR down down @4.53 -7c Only SKG is still the leader outperformed Dow stocks, Nasdaq stocks. What a beauty this PENNY SKG> Tomoorow is the day to break out on the up side with large volume. Folks, wake up early, tomorrow and watch the ticker and NR closely. GTR down to $3.99 soon it is getting that stop loss level of $4.40. I watch this one closely and see that sell off stop loss order kick in maybe tomorrow as well. Dollar index traded below 100 at 99.82. Yen looks strong again. Hurricane Floyd landed N.Carolina Florida a bit damaged. Dow down 1% Nasdaq down 1.9% S$P down 1.4% SKG +7.5% GTR down 1.4% Yahohohoohhohohohohooh!!! Go! Go! SKG The BEAUTY PENNY!!!!!! Cheer! Folks!!!! John Paquet

To: John Paquet who wrote (1188)	9/16/1999 8:28:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 1239

The Treasury is only likely to venture into joint action if the dollar starts to plummet against other major currencies besides the yen, sparking a burst of inflation and a plunging stock market, Podolsky said. ``The only way Summers could sign onto this thing is if he looks like the knight in shining armor. Without that he's politically too vulnerable,' Podolsky said. biz.yahoo.com

To: John Paquet who wrote (1188)	9/20/1999 5:13:00 PM
From: goldsnow	Respond to of 1239

Japan's yen-capping plan may backfire - analysts 10:22 a.m. Sep 20, 1999 Eastern By Shinichi Kishima LONDON, Sept 20 (Reuters) - Attempts to curb the yen's rise by easing Japan's already ultra-loose credit policy could backfire if additional easing merely fuelled the economic growth which is driving the yen higher, London-based economists said. Japan's Finance Ministry is pressuring reluctant Bank of Japan policymakers, meeting Tuesday, to ease policy further even though interest rates are already close to zero. The ministry is concerned yen strength could choke off the nascent recovery and is desperate to garner U.S. support for joint intervention. Wary of the measures the Bank of Japan could take, such as essentially printing money to boost the domestic yen money supply, the Japanese currency retreated further from recent 3-1/2 year highs against the dollar on Monday. Yet, analysts reckon that Tokyo's need to show Group of Seven partners in Washington this weekend that it's doing everything to stimulate its economy means the medium-term outlook for the yen only brightens as a result. If growth improves, for example, foreign demand for Japanese stocks fuels yen buying. ``At this stage, it's more an issue of growth driving the currency, rather than the opposite,' said Alfonso Prat-Gay, global head of forex strategy at J.P. Morgan. ``From that point of view, I really don't see what they can do about it.' ``If they succeed in bringing real interest rates down...that would be very supportive for an economy that is already picking up,' he added. ``Therefore, it will end up being supportive for the yen -- not in the short run, maybe, but in the medium term.' YEN SURGE DRIVEN BY GROWTH The yen's 17.3-percent rise from last May to last week's multi-year high of 103.17 per dollar has been fuelled primarily by surprisingly strong growth in Japan's economy for the first two quarters of 1999. Talk in the market now is that the BOJ may adopt easing measures it had previously opposed in order to make sure the Tokyo government is in a position to tell Saturday's G7 it is doing everything within its power to sustain the long-awaited recovery. The BOJ could adopt ``unsterilised' intervention, in which it refrains from draining excess liquidity which results from its yen sales on the currency market. Or it may opt for what is known as ``quantitative easing,' where it injects liquidity into the market to achieve certain inflation targets. In addition, Japan was expected to come up with a huge fiscal stimulus package totalling more than 10 trillion yen ($93.61 billion). Steve Barrow, currency strategist at Bear Stearns in London said fiscal steps should accompany any monetary easing as a boon to the economy, even though he thought it made little sense as a way of weakening the yen. ``The whole problem with this monetary issue in Japan is that it doesn't matter how much money you flood into the short end (of the money market) if individuals and businesses don't want it,' he said. ``All it's going to do is probably pour out into foreign assets, which helps correct the yen problem but does nothing to the economy.' U.S. RELUCTANT TO BUY DOLLARS Yet, whatever the Japanese authorities did this week, they could well be in for a disappointment on concerted intervention. Paribas economist Paul Mortimer-Lee said in his daily commentary that he saw no inclination by, or benefit for, the U.S. to join Japan's effort to push up the dollar. ``We do not see a fall in the dollar as a bad thing, given that it should help to address the external deficit,' he said. ((London Capital Markets +44-171-542-6721, shinichi.kishima+reuters.com)) ($1-106.82 Yen) Copyright 1999 Reuters Limited. All rights reserved.