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To: Steve Fancy who wrote (5242)9/1/1998 5:52:00 PM
From: Captain Jack  Respond to of 6136
 
Steve -- great to here you did not bail too much yesterday,,, too bad any went as today would have been better, I am not convinced we are out of the woods yet either.... Japan is already history along with Russia, Malasyia, Indoniesia and HK! Except for Japan all of them mean almost zero. We probably could have bought the rest of them on a Master Card. China is a different story --- they can cause a bigger crush than the rest but it is doubtful that will happen. They will not allow it to happen. The Japanese do not have the balls to fix their economy so the area will suffer for some time and Yeltson and his 40 thieves are not smart enough so they to will sink --- GreenspaM will have to drop the rate soon no matter how hard he tries to talk himself out of it and that will do well for our mkt. Mexico and Canada also could effect us more than Asia and they have problems,,, but should be able to overcome them. If you are going to base any decisions on any region I think Mexico and Canada is the most important area as we trade heavy with them.

Luck

John