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To: kahunabear who wrote (10090)	11/2/1998 5:09:00 PM
From: Greg Jung	Respond to of 86076

We'll all have to dust off the "DOW 9000" party attire soon, don't you think? 1120 is supposed to be the critical level on S&P, straight up if it closes above that. That according to MoAnsory(sp?). Lower dollar -> inflation + expansion -> good for stocks (if you ignore everything else). However, yen is appreciating against everything, right? Due probably to the remaining yen-carry or whatever,i.e. it should be weak but the trading situation keeps it up. Isn't that going to strain Japan even more? Have we given up on Asia and focusing only on the Americas? Greg