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To: marginmike who wrote (70190)	2/22/2001 9:12:08 AM
From: limtex	Read Replies (1) \| Respond to of 436258

mm- Gas, eonomy in free fall and now starting to roll around the World gas oil will come down in price. This winter was a record cold winter not likely to affect the coming year. Tobacco - OK but limited in effect. Health Care - May come down as the recession spreads out. Services - Same point. It just doesn't feel at all like what is hapenning today and in the recession going forward. Another cut beofre the next meeting might help but it need to be a big one. Some of the commentators are saying this mornin that a pre-meeting cut is now priced into the Fed futures. That is the only thing that IMHO can stave off more weeks of this selling. And if we do have more weeks of this it is going to get very nasty as the redemptions start rolling in. I just can not believe that the Fed sits there no its hands as the economy collpases in forn of our eyes and the markets get torn apart. Best regards, L