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To: Berney who wrote (7368)	12/6/1999 12:21:00 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 11051

>> Please give us a head<...and blow what? I just dont get this one (....g)

To: Berney who wrote (7368)	12/6/1999 12:30:00 AM
From: Gersh Avery	Respond to of 11051

Yen seems to be running up right now Euro is dropping again .. but less (on a % basis) than the yen is rising. Implies to me that liquidity is flowing away from Europe and the US toward Japan. bad for US bonds and stocks .. it's still early

To: Berney who wrote (7368)	12/6/1999 5:20:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 11051

The euro has now reversed course .. Liquidity seems to be flowing away from the US. It should not be a wildly positive day for our markets. For the S&P futures I would only consider shorts today.

To: Berney who wrote (7368)	12/6/1999 8:07:00 AM
From: Gersh Avery	Respond to of 11051

Yen dropping but euro moving up hard .. net is still down for the US ..