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To: JRI who wrote (137992)	7/28/1999 10:58:00 PM
From: Sam Bose	Read Replies (1) \| Respond to of 176387

John, You make great points. Problem is that the talking heads are now laying the scenario that the Fed will definitely raise rates at least one more time this year, probably not on August 24, but in the October meeting. How the hell they can say this now without looking at the myriad of economic reports coming out before then beats me, but they sure are saying it. Of course what they will succeed in creating is uncertainty in the markets, like we really need more uncertainty. Not to mention that raising rates in October will result in another fabulous October crash. Sometimes I wish naively that the Fed should just go ahead and preemptively raise next month and get it out of the way. Then the coast will be clear for the rest of the year thru next spring. My money however is on your scenario for year-end. I see rates coming down for exactly the same reason. I'm standing firm with you, buddy. <G>. Sam

To: JRI who wrote (137992)	7/29/1999 9:53:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

~OT~ Some Comments on this Crazy Market....FYI.... techstocks.com <<Anyway, it seems to me that after investors bail on the stocks that are heavily impacted by the wage-cost squeeze, they've got to come back to the growth stocks.>> John: Do you have any comments about this schizophrenic market? Last time I checked you and Mohan's good friend Abbey Cohen were pretty level headed -- the 'straight shooters' in the crowd <VBG> .....there seems to be SUCH A FIXATION on statistics yet they often are not put in perspective. That is where I feel you add GREAT value -- on this thread and on SI....hey, let us know when www.Rosser.com is going live...!! I'm sure your subscription service would give the Street.com & Co. a good run for their money. Nothing like a little sanity check every now and then ...I enjoyed some buying opportunities today BUT I think the brokers are really laughing all the way to the bank (when we experience these sudden periods of churning and fear). Best Regards, Scott