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To: Mark who wrote (17472)	6/16/1998 2:17:00 PM
From: joe	Respond to of 45548

I agree. Foreigners are buying the bonds. US investor's don't go for 4-6% yields...at least not for more than a month or so. Big time rally coming up, once investor's realize that ASIA thing is too hyped up. Sure, there's a problem, but nobody knows the details, and they assume the worse...it is preannouncement month. China probably won't devalue, and if they do, it's very possible that ASIA has had the last 6 months to adapt somewhat, so it won't be as bad as if it happened 6 months ago. I don't think world recession is not in the plans. We could use a US slowdown... j