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To: Jill who wrote (4329)	2/19/2000 8:54:00 PM
From: Hobie1Kenobe	Read Replies (1) of 35685

<<"He's going to squeeze them until it makes a difference," said Bill Cheney, chief economist at John Hancock. "He's going to keep squeezing until the pip squeaks.">> What friggin' arrogance on the part of the FED to manage to move the DOW back 9 months in growth -- if this is a gradualist approach, let's pray Greenspan has anti-lock brakes when he really slams the pedal out of frustration. He's pushing on a string with the NAZ (You know QCOM will be retiring its debt in March!) but he's gonna keep pushing and the collateral damage will be ugly. Methinks selling OTM covered calls will be my strategy for a while. Greybeards!!!! Sorry for the rant. Feeling better now. Candide, please pass the light beer! ;0) JF3

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