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To: Giordano Bruno who wrote (62515)	9/17/1999 9:00:00 AM
From: donald sew	Read Replies (1) \| Respond to of 86076

Jjsirius, >>>> Don, Japan doesn't look to excited about the latest intervention report. quote.yahoo.com^N225&d=t <<<< Yep, that doesnt say much for the type of legs todays rally will have. That TRADE REPORT next TUE may be a key to the downside if it comes out bad. Isnt it funny that in the past no one cared about the US DOLLAR/TRADE REPORTs/etc and now the market is scrutinizing every economic report. Sure, if the FOMC does not raise rates in OCT, we should see a rally but I still believe it would still be narrow. My feeling is that the upside is limited until the FOMC meeting, but the downside is not, since the market is selling the positive news as was the case with the PPI and CPI. But if the news is bad, and we probably only need 1 bad report, the market could break to the downside. seeya