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To: donald sew who wrote (51770)	9/8/1998 6:57:00 AM
From: Philipp	Read Replies (2) \| Respond to of 58727

Hi Don: I think that your prediction for Asian markets topping last night or tomorrow is pretty much on target. However, I don't think that one should care about Malaysia one way or the other. With their tough restrictions on foreign investments, the Malaysian market is now off the board, and no longer relevant to international investors, a bit like the Russian stock market. Foreigners will unwind their positions as soon as they are allowed to, probably at huge losses. I also agree that we are likely to see a top in the Dow today (or tomorrow at the latest), even though you seem to vacillate on that prediction (don't get fooled by the futures). It is certainly contrary to popular expectation (hope is probably a better word). Regards, Phil