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To: Rarebird who wrote (66233)	3/20/2001 8:33:08 AM
From: Richard Mazzarella	Respond to of 116927

Rare, I have agreed with your posts over the last few days. I'm sick. LOL

To: Rarebird who wrote (66233)	3/20/2001 9:35:30 AM
From: Little Joe	Read Replies (2) \| Respond to of 116927

Rarebird: Although you are probably correct that 75 BP will be perceived as bullish by the market. Should that happen it would tell me that things are really bad and the Fed is desperate. Live long and prosper, Little joe

To: Rarebird who wrote (66233)	3/20/2001 8:22:58 PM
From: B.REVERE	Respond to of 116927

With the German bund @4.75%, the dollar would have fallen a lot further than it did, had the fed funds rate been lowered the extra quarter. Greenspan has his eye on the dollar, not the market. If the dollar cracks, so does the bond market and gold takes off. We'll see how the fed tries to fend off the cries of the street these next three weeks as the market goes into freefall. The dow has now gone below last years low, something it hasn't done since '82. All indicators say a capitualtion blowout comes by tax day.