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To: Eski who wrote (17416)	5/3/2000 5:44:00 PM
From: Clappy	Read Replies (1) \| Respond to of 35685

Eski, you wrote: More like a Sell-Off, no one going to commit serious money till these numbers are out and Greenie done speaking tommorow. The houses may do the buying to spur on the Naz. Perhaps, not to create a rally, but to keep it afloat. The Dow and Nasdaq are probably priced in for a 1/2 point drop. The other thing to figure is that Mr. Greenspan understands that the wealth effect has been severely diminished this past month or so. I'm not sure he will want to do more than one 1/2 point raise + 1/4 point raises down the line. He will probably keep the markets guessing up until each FOMC meeting until the end of Summer. Keep in mind that the market doesn't expect the Fed numbers that are being released this week to be in line. They are discounted as inflationary already. Anything less than shocking could boost the markets. Just the opinion of a happy idiot... -Clappy