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To: Bucky Katt who wrote (3475)	11/24/1997 6:54:00 AM
From: Bobby Yellin	Respond to of 116815

I think the Dow will hit 10,000 also and that Asian crisis is their problem and I have probably lost some of what little mind is left.. The Dow can get inflated by foreign funds who don't want to lose anymore in currency devaluation..as more money flows into well known names which in twenty years will be a lot higher..(but who knows about in two years :) ) It would seem that a paradigm shift has happened and people who are employed in small startup businesses are prospering a lot more than from people who are working for the big multinationals..who seem to be much kinder to their CEOS and shareholders and less to the average employee...I notice ads for startup companies where even stock benefits are being offered.. People are using the US market as a safe haven..they have been conditioned..supposedly emerging markets have this explosive quality to them on the upside and downside.. What I want to know is if so many Japanese investors have gotten burned by the Japanese market and it is still in their memory..how will the Japanese get back into their market? So much of the US job creation is from domestic companies ...my goodness we are still hearing about more corporate cutbacks..I would really like to see how much of the economy is dependent on exports.. also with the devaluations...the goods and labor from abroad will once again be much lower and somehow people will use that as a rational..Also there will down the road cause further undoing of the western economy..I am certain deep pocketed people will take advantage of some of the fire sales overseas and start putting their money over there to buy real estate and factories etc that will need buyouts to survive..I don't think you really need the IMF..just smart business people looking for cheap assets in a somewhat free country.. If anything..some people are probably rejoicing.. Also supposedly the US is issuing less debt so people are assuming that if treasuries are dumped there will be eager buyers..