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To: Venkie who wrote (68212)	9/29/1998 3:15:00 PM
From: Lee	Read Replies (2) \| Respond to of 176387

Hi Donnie,..Re:The market is so confused over fed cut.. Funny, isn't it? They want a rate cut but not the implications that go along with a 50 basis point cut, those implications being a worrisome and bigger slowdown than previously anticipated. So we get a 25 basis point cut which essentially says the economy might be stressed peripherally in some manufacturing, but is otherwise pretty darn healthy and the market doesn't know where to go. Good luck trading a rally maybe.