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To: Maurice Winn who wrote (22852)	4/2/2001 6:06:44 PM
From: 16yearcycle	Respond to of 29986

Maurice, AG could turn this around if he wanted and this is how:at 11:15 pst on 4/19 he lowers rates by 1/2 point in a surprise intermeeting move. Since the next day is options expiry, the bears would lose many days if not weeks of gains. It might be even more dramatic if he did it after the close, so that the dow and nasdaq would gap up in the am, and puts that were worth hundreds of thousands, if not tens of millions, before Thursday close would expire worthless the very next day. Check this out: stls.frb.org The are not pumping the money supply, even though rates have been lowered. For whatever reason, AG has decided to force Darwins theory down the throat of high tech companies in the U.S. What would have naturally eveolved over the next three to four years, and we could have reacted to because we would have seen the evolution, has occurred in months. You suck capital out of high growth industries: what you see before you is what you get. This has been Greespan's Nuclear Winter. Will it continue? Well, I think the indices do very well from here; perhaps as high as 30% on the nas until year end for example. But new companies are dropping like flies and they ain't coming back. It's now too late for Fed intervention to work to stop the fall of our high tech industry.