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To: Bobby Yellin who wrote (9312)	4/4/1998 1:04:00 PM
From: Gary H	Read Replies (1) \| Respond to of 116763

Bobby, The yearly looks like a shuttle launch. They may get away with inching the interest rate and I have heard predictions of 10.5K. Vertigo is right. I watch the TED Spread and it is moving to dangerous areas. Fri. close was 83.5 When times are good it's around 50- 60. It last peaked on Oct.20/97 at 96. The last low that I have recorded was Feb.27/98 at 61. The lowest low I have was Nov.23/96 at 48. These are all weekly. The beauty of this is you can watch it's movement through the day at; cme.com Cheers,

To: Bobby Yellin who wrote (9312)	4/4/1998 1:52:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116763

In case anyone doubts ultimate French (contrarian) position (35% gold in EMU?) here is another French response.. France's Chirac says Japan must solve own problems 06:28 a.m. Apr 04, 1998 Eastern LONDON, April 4 (Reuters) - French President Jacques Chirac, taking the opposite tack to U.S. President Bill Clinton, said on Saturday Tokyo should be left in peace to work out how to overhaul its struggling economy. ''It's not for others to tell Japan what it should do, to be handing out advice,'' Chirac told Japanese Prime Minister Ryutaro Hashimoto on the sidelines of a Europe-Asia summit here. ''When a pilot is doing some difficult navigation, it is important not to disturb him,'' Chirac's spokeswoman, Catherine Colonna, quoted him as telling Hashimoto. His remarks contrasted starkly with a renewed call from Clinton on Friday for bolder policy in Japan to boost the economy after successive stimulus packages devised by Tokyo which have largely failed to impress. ''We need to be both respectful and firm in urging the Japanese to take a bold course,'' Clinton said in Washington. Chirac, in London for a two-day meeting of leaders from the 15 European Union countries and 10 Asian states, took a cautious tack in a bilateral meeting with Hashimoto on Saturday. Japan's lacklustre economic performance was thrust back into the limelight at the summit here, as leaders from both trade regions addressed the crisis which has snowballed across Asia since Thailand buckled and turned to the International Monetary Fund for help in July. Japan, which had already taken a diplomatic bashing from the United States at a Group of Seven meeting here in february, seized on Chirac's words for comfort. A Japanese official told reporters after the bilateral meeting that Chirac had highlighted the need for Japan to pull the rest of Asia out of troubles by solving its own problems. REUTERS Copyright 1998 Reuters Limited.

To: Bobby Yellin who wrote (9312)	4/4/1998 1:52:00 PM
From: MtnBear	Respond to of 116763

Bobby, Not only is my nose bleeding as someone else said, my ears are too! My head is spinning from this chart and our own market. I am still holding a couple of overseas funds but not after tomorrow! Incidentally, Jimmy Rogers mentioned African markets (established) favorably on the CNBC Squawk Box, and the chart looked like these, but when questioned, he said the PE's were still low compared to ours. Any comments re this and/or other European markets besides London? Regards; Mtn Bear

To: Bobby Yellin who wrote (9312)	4/4/1998 9:31:00 PM
From: goldsnow	Respond to of 116763

Life is cheap..always was Ukraine Mine Blast Kills at Least 30 05:50 p.m Apr 04, 1998 Eastern By Lina Kushch DONETSK, Ukraine (Reuters) - Rescue teams battled to reach 31 Ukrainian coalminers trapped below ground on Sunday after a gas explosion that killed 30 others. Mineworkers said hope was fading for the men, believed to be penned behind 1,000 feet of collapsed tunnel, 4,000 feet below the surface at the Skochinsky mine on the outskirts of Donetsk, capital of the Donbass coalmining region. Thirty bodies had been recovered by late on Saturday and hundreds of rescuers planned to work shifts through the night. Great care was needed, however. Fifteen rescue workers died at the same pit six years ago after a gas blast that killed two miners and started a month-long underground blaze. The mine, opened in 1975, is particularly prone to methane build-ups. Temperatures near the scene of the disaster had reached 95 Fahrenheit and methane gas had built up, one rescue worker said, although there was no major fire. Some 600 miners were working at the coalface when a mixture of methane and coal dust exploded just before 10 a.m. (2 a.m. EST), tearing through a new seam. People in nearby apartment blocks felt the tremor. ''It is a national tragedy,'' said Deputy Prime Minister Nikolai Beloblotsky, who arrived at the state-owned mine to head an investigation. He told reporters President Leonid Kuchma was expected to declare Sunday and Monday days of national mourning. Forty men were in hospital, many of them suffering from gas poisoning, and a further five were in a critical condition. Some mineworkers said a number of those gassed had found that their personal breathing apparatus would not work properly. Many of those working near the blast were young men recently brought in to the pit to work the new seam. The first funerals were being arranged for Monday. Beloblotsky said the government would do all it could for the victims' families. Widows are entitled to five years pay -- about $12,000 -- plus a year for each dependent child. Thousands of people, many of them in tears, flocked to the pithead for news of relatives. Doctors treated blackened and dazed victims before rushing them away in ambulances. Ukraine's mines, like those in other parts of the former Soviet Union, have earned a reputation for danger and death, especially since the collapse of communism, which has left many pits in acute financial crisis. Miners at Skochinsky are regarded as well off by local standards, earning some $200 a month -- but wages often arrive months late. Workers at the pit said they had just received some of what they were due for November. The worst disaster in all the Donbass coalfield was in June 1992 when 60 miners were killed in a gas explosion. That year 459 miners were killed in accidents across Ukraine. In the latest year for which data is available, 1995, 339 miners died. In Russia's Kuzbass coalfield in Siberia, 68 died in a methane explosion and fire at Novokuznetsk on December 2. Copyright 1998 Reuters Limited.