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Non-Tech : Invest / LTD

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To: Lee Lichterman III who wrote (3453)	9/28/1998 1:01:00 AM
From: R. Gates	Read Replies (1) of 14427

All markets are waiting for AG and the magic 1/2 point interest rate cut-- the supposed cure for what ails the world. This cut is the yet one more sign that DEFLATION IS HERE. There are no expanding markets left in the world right now and the interest rate cut won't change that fact. We might pop to around 8200 and then drop to around 7200 and then much lower. Gold will definitely glitter...for a while... R. Gates

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