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To: Danny who wrote (116160)	1/24/2001 1:56:56 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Danny, keep your eye on the fed. >Holland also cited renewed confidence that the Fed is not going to let the economy collapse and a widening belief that prices had come down sufficiently to reflect the reduced earnings. He said he expects the Fed to lower interest rates by another 50 basis points when policy-makers meet at the end of January. "If they do 25 basis points," Holland warned, "the market will head into a free fall."