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To: ViperChick Secret Agent 006.9 who wrote (38766)	4/9/1998 11:35:00 AM
From: Kevin	Read Replies (2) \| Respond to of 58727

Hey Lis, FWIW if we pass through 1110.87, I think there's a good possibility for an afternoon rally towards 1117. The 1109 - 1111 area is supposed to be a tough resistance, but it may be broken based on today's block trading. bye

To: ViperChick Secret Agent 006.9 who wrote (38766)	4/9/1998 11:41:00 AM
From: Gersh Avery	Respond to of 58727

OK .. I'll try Yen Globex showed ~-31 before their market closed then shifted to ~-18. AFTER their market closed the "recovery" program was put on display. Yen Globex changed to ~-121. Program had already been priced into the Japanese market AND Yen. Japanese did not like what they saw . YEN COMMING HERE. Gersh

To: ViperChick Secret Agent 006.9 who wrote (38766)	4/9/1998 11:45:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Lisa, Im all confused with this Japanese tax cut. Heres my view of it for the short term and how it will effect our market. I feel that our market has already priced in a correction in the Asian market and any good news such as this tax cut will have limited effect on the upside. I know its sounds crazy since the DOW is up 100 points right now and the media will probably say that its a reaction to the Japanese news. We have heard in the past how there has been alot of Asian money being sent to our market. I think in the short-term the U.S. market will lose some of its flight-to-safety haven, and we may some selling shortly as some may feel that it would be OK, for the short-term, to reinvest in their own countries. Am I way off line, Im no expert in this area. seeya