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To: John Paquet who wrote (41882)	10/3/1999 12:06:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116758

I take your bet and raise it by 1 (month) ``Strong, strong and strong,' said Ram Bhagavatula, chief economist at NatWest Global Financial Markets. ``This economy is on a roll and it won't stop until the Federal Reserve does something about it.' Fed policy makers on the Federal Open Market Committee (FOMC) meet on Tuesday to decide the course of interest rates. Most analysts do not expect a rate hike at that meeting. Still, the market is bracing for the central bank to announce that it is on guard against inflationary pressures by shifting to a so-called tightening bias from its current neutral stance. That would set the stage for a possible interest rate hike at the subsequent Nov. 16 confab. biz.yahoo.com

To: John Paquet who wrote (41882)	10/3/1999 12:11:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 116758

DOW down 600 is but a scratch... in order to have a true BLACK day, the DOW must lose 2000+. Gold's rally of last week already confirms that 8500 is in the cards... should gold rally further as i believe it will.... DOW will go LOWER DOW will see 5000, bond 7%, and gold 425 before the end of the yr.... count on it.

To: John Paquet who wrote (41882)	10/3/1999 12:17:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 116758

No Action Seen ``The FOMC is on hold,' said Chris Low, an economist at First Tennessee Capital Markets in New York. ``They cannot put themselves in a position where they might be held responsible for a stock market collapse.' Yet, policy-makers could warn investors against discounting a rate increase later this year. ``With manufacturing red hot and no sign of consumption slowing down, a bias toward tightening seems inevitable,' Low said. quote.bloomberg.com