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To: John Hunt who wrote (16026)7/22/1998 8:47:00 PM
From: Simon  Read Replies (1) | Respond to of 18056
 
and occupying golf courses to plant their crops in the rough.>>>

My God is nothing sacred??? As Ol Maria Antoinette said: Let them eat cake!!!
:-)

And U think the mkt is unpredictable. Sitting around on a hot summer night. Weather bureau said no chance of rain. We now got a Cloud Burst and enough lightning to lit N.Y. City. I'm off before I get struck and blow out the Pweter. YUCK

regards Simon



To: John Hunt who wrote (16026)7/23/1998 5:31:00 AM
From: John Hunt  Respond to of 18056
 
Asia has yet to hit rock bottom, says Greenspan

scmp.com

<< Federal Reserve Board chairman Alan Greenspan last night said the Asian economies continued to weaken and had not yet hit the rock bottom.

On the second day of his testimony in the Humphrey-Hawkins report to the House Banking Committee, Mr Greenspan said: ''The evidence we have to date as yet shows no evidence of stabilisation. The most recent data still exhibit deterioration.'' >>

<< He said it was conceivable that Japan could sell off large holdings of United States Treasuries, but noted recent sales to support the yen had little price impact. >>