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To: Lee who wrote (68203)9/29/1998 2:53:00 PM
From: Bill H  Read Replies (1) | Respond to of 176387
 
Edit - in all fairness, with the strength the economy is demonstrating, they couldn't have really done a half point.

It is the global situation they are responding to at this point.



To: Lee who wrote (68203)9/29/1998 3:59:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Lee: I suppose you are right since the US economy is doing pretty well they did what they could besides if things slow down further they still have 2 more meetings before the the year end. Well they are the experts they should know.

PS:
Looks like the market is holding up pretty well after the initial trepidation.If the overseas markets reacts positively tonight we might have a good day tomorrow I hope.