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To: PaperChase who wrote (68311)	10/12/1999 6:11:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 86076

So are you saying both a cut and add liquidity? And at what point will the FED step in? After a 30,40,50,60%... hair cut?

To: PaperChase who wrote (68311)	10/12/1999 6:33:00 PM
From: pater tenebrarum	Respond to of 86076

PC, i agree that the Fed will try to come to the market's rescue and that a very big one-day gain may result SHOULD the market take a serious tumble. however, i believe that the bursting of the current bubble may ultimately be more akin to the early '90's experience in Japan...after the big bounce following on the heels of the crash a severe bear market followed. i know it seems an unlikely outcome for many people, but at some point the price for the bubble's excesses has to be paid. sorry if i sound overly bearish....