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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (11130)	1/14/2000 8:33:00 AM
From: Wally Mastroly	Read Replies (2) \| Respond to of 15132

Justa, Re: Greenshades speech... Less 'hawkish' than I had expected & in that light it may encourage more irrational exuberance in the market rather than the opposite. Although he sprinkled in all the usual cautions & caveats, the net affect could be to encourage a relief rally. I read it as a quarter point on 2 Feb. but think he should keep a little guesswork cooking by at least reinstating the alleged bias. Still think the markets will at least smile at his incremental approach (if not continue to laugh in his face). I am more convinced that a sledge hammer approach of a half point would send some much needed fear in to this fearless/foolish market. FWIW, Wally P.S. - Found it interesting that he seemed to downplay the CPI as an important indicator.

To: Justa Werkenstiff who wrote (11130)	1/14/2000 11:34:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

Best quote I saw so far - GREENSPAN ADDED BOOZE TO THE PUNCH BOWL BY DEFUSING TALK OF 50 POINT HIKE: CRESCENZI