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To: Glenn D. Rudolph who wrote (78830)	9/28/1999 8:54:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Glenn -- I think we have a short burst upwards for the market as we wait and see whether or not the BOJ caves in and prints yen, or whether they hang tough and refuse to print gobs of yen to accomodate the ultra-massive pump priming that everybody seems to want out of Japan. Right now, it looks like they might print -- the pressure is just so huge. But it will take time to see if they do or do not print. If they do not print our market will get pummeled in short order -- I am giving it till some time during earnings season. If they do print -- well, then gold may be a good play as an inflation hedge and the rest of the market will be in major bubble building mode -- perhaps to year-end. Good luck.