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To: Terry Whitman who wrote (50527)7/1/1999 10:56:00 PM
From: bill meehan  Read Replies (1) | Respond to of 86076
 
<<CyclePro believes that Greenspan sees an interest rate increase "surprise" as the only way to take some real steam out of the equity markets.>>

TW: I don't get that logic at all. If Easy Al wanted to surprise the market, yesterday provided the greatest opportunity of all time. Virtually nobody expected more than 25bps, and 50 along with some well chosen words would have taken the market down significantly.