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To: yard_man who wrote (1459)	3/30/1998 3:16:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 86076

Barry, FOMC what do I think of the meeting not much as I believe these gentlemen should share in the blame for what I expect to be a most severe bear market. I'm sorry that I missed David Tice's remarks on CNBS but I share his sentiments that the magnitude and duration of the next bear mkt will likely be worse than most people think is possible. The new era spin doctors are in control and nothing that the Fed would likely say would have much impact. If nothing else the inevitable loss of upside momentum will kill this bull mkt. Timing is like trying to figure out how far a rocket will go without calculus but I don't need to crunch numbers to tell you that when the rocket runs out of fuel it will crash down to earth( assuming it does not escape the earth's gravity) Mike