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To: Jorge who wrote (64045)	9/7/1998 10:06:00 PM
From: Dr. D	Read Replies (4) \| Respond to of 176387

Too All Could someone please explain what has happened since Friday to make this miraculous? Market turnaround? Greenspan reported moving too a neutral stance with possible future fed easing. Although, I didn't here this clearly from his speech myself. If anything he seems to be pressured to change his stance to ease the global meltdown against his better judgment Don't get me wrong I want the market to recover as much as anyone else here. But I want it to be for the right reason. Perhaps this past month has been more stressful to me than I thought. Maybe my thinking has become clouded. In my view if this so-called Fed easing doesn't materialize it could be worse than ever. What is your thoughts on this? Best wishes to all Donald

To: Jorge who wrote (64045)	9/7/1998 10:20:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

Tietmeyer of BUBA says EU is OK,Germany safe haven etc etc.Not all is lost. Jorge: Buba's Tietmeyer says Germany is safe haven,11 EU members are Ok too,LatAm is not all that bad,China is holding up.So as you can see not all is lost. I hear Latin America should do fine if China and Hong Kong do not devalue and we know HKG's currency board just strengthened HK$'s Peg to the US$ with some modification in the rules which analysts seemed to have approved.We have no reason now to believe HK$ will come off the peg or China will devalue at present,they might once the S.E.Asians bottom out but pundits say not now.So anyway that is my 2 cents worth of stuff. biz.yahoo.com Message 5688989