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To: f.simons who wrote (123504)	12/20/2000 4:49:27 PM
From: Ibexx	Read Replies (1) \| Respond to of 186894

Re. Of course, the market set itself up for a fall by actually expecting the Fed to go all the way past biases and cut rates this month. Exactly. Many traders newsletters even speculated a 50 basis point raise might be in the cards, thus advising their clients to load up on index/stock calls. We just need to work through the final phase of the millennium curse, which started with Y2K easy $$$ against the perilous backdrop of Microsoft antitrust. To paraphrase Nietsche again: whatever doesn't kill us make us stronger. Ibexx