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To: Earlie who wrote (49031)	12/19/2000 11:21:29 AM
From: AllansAlias	Respond to of 436258

Yes, my strategy all along has been based on change of bias, brief pop, then giving. Some of the pop is already done now. (The post about a cut was just me contemplating what would be the most delightful of scenarios. -g)

To: Earlie who wrote (49031)	12/19/2000 11:26:00 AM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

I'm With You I think the 10% rally last week on Greenjeans speech caused concern. They want to ensure adequate liquidity but I really don't think they want to reinflate the stock bubble. By leaking the possibility yesterday of an actual rate cut today, they raised expectations so that when they change bias, even if they go all the way to inflationary rather than even, but do not lower rates, it will be perceived by the market as a negative rather than positive. I still am a little concerned about being overexposed because I expect a ramp into the announcement.