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To: MonsieurGonzo who wrote (53854)	9/25/1998 12:26:00 PM
From: drsvelte	Read Replies (3) \| Respond to of 58727

Monsieur G. What if they only cut 25 basis points? It seems like the market is expecting 50. And what if the cut is 50, the market expectations are "only" just met, eh? I enjoy your insights into the various sectors greatly; what's your take on the money center banks?

To: MonsieurGonzo who wrote (53854)	9/25/1998 2:00:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Steve, >>>>>>>>>> right; if no cut -- DOW 6300 <<<<<<<<<<< Its getting a bit scarey. Even though I am bearish on a subjective basis, that last thing I want to see is a bear market that will last for a long time of over 1 year. I am sensing another bubble on the horizon, which may have started on WED with the big upswing of 250 points. Lets say that the street gets what they want with the drop in interest rates, and we run up hard. Well the U.S.MARKET and probably the overseas markets will all be up hard also. Then, does the bubble burst????? If there is no rate reduction, UGH also. It just doesnt look that bright. Agree with you. Seeya