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To: GARY P GROBBEL who wrote (810)	3/10/2001 6:21:16 PM
From: speedbot	Read Replies (1) \| Respond to of 120405

Gary, sentiment does need to reverse but rate cuts are too late to help. Damage to market confidence/psychology has been monumental. Reduce the capital gains tax in half. A more direct & impactful market solution imo. s

To: GARY P GROBBEL who wrote (810)	3/10/2001 9:05:18 PM
From: Catfish	Read Replies (1) \| Respond to of 120405

Gary, You are correct in that investor sentiment is the key to turning this market around. The current market validates CNBC's Larry Kudlow's contention regarding the Greenspan rate increases last year. He felt then that there was no need to raise rates since there was no real evidence of inflation. In hindsight, he was right on. Plus, AG seemed to ignore the rising energy prices at the time that contributed to this 'growth recession' (a term used by the Atlanta Journal/Constitution today). On a personal note, Friday night, I started doing some job searches on the internet and e-mailed out a couple of resumes. I have now been out of the work force for two years, but the economics of the stock market dictates that I must reconsider returning to work. Of course, the employment market is changing as well due to all the layoffs. So, we will see. Also, I am in the process of buying a new house as well, so I am doing my share of helping the economic growth of the country.