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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (9174)	10/8/1999 4:26:00 PM
From: Kirk ©	of 15132

BIAS...all the talk makes me chuckle... All BIAS means is "if a few more votes went towards the bias then we would have done what the bias wanted to do to interest rates." New data the next month can change ANY of the votes so it is really just a way to say which direction the vote was leaning if the decision was "to do nothing". Obviously, if they raise rates, then the "Bias" would be "to do nothing. I guess as an EE by schooling, bias is easily understood. If all things remain the same at the next meeting, then the bias would also remain the same. Kirk

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