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To: Tony Viola who wrote (21017)	9/23/1998 1:53:00 PM
From: billwot	Respond to of 27012

Tony-Greenspan scheduled for 2:00 ET. Live video at:http://www.msnbc.com/modules/livevideo/netshow3.asp billwot

To: Tony Viola who wrote (21017)	9/23/1998 4:07:00 PM
From: billwot	Read Replies (1) \| Respond to of 27012

Tony and thread-Just in case anybody missed this: "WASHINGTON, Sept. 23 - Federal Reserve Chairman Alan Greenspan said on Wednesday global financial turmoil would be more than enough to curb U.S. inflation, the strongest indication yet he may be considering an interest rate cut." msnbc.com billwot

To: Tony Viola who wrote (21017)	9/23/1998 4:11:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Tony. Sorry. I just got on again for a minute. But I guess you know in the meantime that Greenspan has and is still speaking. Hope our own Frank will like him today. gg. It looks like the FED is open to the thought of cuts. Democrats tried to bad mouth tax cuts and Greenspan did say that he would favor putting the surplus towards reducing the debt but his second choice was giving some of the money back to the people. When asked by Republicans what he thought about Mr. Clinton's new proposal for unbelievable high spending increases of about 20 billion dollars, he did not think much of that. Maybe we will get a rate cut, debt reduction and some tax cuts. gg. Rate cut could be happening this month or at least soon, if necessary. Greenspan said that our economy is still the best there is in the world even though business may slow down a bit. We are in a global economy and therefore will be influenced by it but the above mentioned applies. All in all everything looks pretty good for the markets to go up more in the next cpl of days. With October around the corner I don't know what will happen but long term the markets will be higher. I am retired now and all I have is stocks and Gov. Bonds. More stocks than bonds. Sonny