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To: John Pitera who wrote (27396)	3/24/1999 11:10:00 AM
From: Lucretius	Read Replies (3) \| Respond to of 86076

of course he is SAYING that, they want to pull home as much cash as posssible at high prices before their yr-end is up, plus they don't want it to appear as though they caused our crash (note they ain't buying dollars though!!!).... Recall that things almost broke down about a month ago when the yen started moving sharply higher (then Mr. Yen was backing a strong yen) suddenly stock and bond mkts around the world started selling off and over the weekend, Japan suddenly announced they would buy a small amount of their debt (printing) but not much, this caused things to recover and gave you the C wave in the Yen's ABC correction. They save face this way by appearing to "do their part" to keep the US bubble in place. When the crash comes... they cabn say.. "gee we tried, but we can't help it if sudden moves like this occur.. sorry your financial systme imploded.. best of luck... we are fully capitalized after selling all of our US debt. " Commercials are very long yen and I expect the ratio to be even more lopsided this Fri (no doubt, dumb speculators will get even more short after Japan's yr-end thinking that the bottom will fall out... ho ho ho). The yen should crash-up after 3/31... hence I think we get a stock mkt crash on Monday, 4/5/99