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To: Brian Malloy who wrote (25979)	5/6/2000 1:37:00 AM
From: Sonny McWilliams	Respond to of 27012

Brian. Yes, it is weird. Beginning of 2000 was supposed to be the end of the world. But just in case we survived that doomsday scenario, the FED eased ahead of time and now they took it back plus some. Talking about messing things up all around. What gets to me the most is the double talk like: I am on board this new paradigm but then I am really not. The FED can't stand it if people feel a bit richer, so they suck it to them with oh so very good intentions, like saving the economy from overheating. Give me a break. More like messing up the economy. No real inflation out there and the FED is plain experimenting IMO. I heard Kudlov say today that some of his sources said that the President had a meeting with Greenspan and probably let him know that he did not like those rate hikes. I hope it is true. After all, it was the President that reappointed him way ahead of time. I still think Kudlov would have been a better choice this time around. gg. Let's see if the market can go up some more next week. It seems like we go 3 steps forward now and then 2 steps back. It's hard to get a handle on this market. I just stay put with my long term stocks and watch them go up and down. ARBA and CMRC did well today but then got sold off again. A lot of buying and selling going on by day traders in these stocks. Sitting on the fence is probably a good choice. Sometimes I think I should just get into the NAZ 100 and forget the whole stock thing. But then I think again that we will be alright by the end of the year. Joe Battipaglia thinks the markets will do fine from here on. But it kind of feels like we will be in a long trading range and maybe worse if the FED messes up. Have a nice weekend. Sonny