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To: Zeev Hed who wrote (16771)	10/15/1998 5:57:00 PM
From: Link Lady	Read Replies (1) \| Respond to of 18056

This was in my email tonight. Do you think investors jumped the gun? forums.stockgroup.com Our top story today discusses United States Federal Reserve Board Chairman Alan Greenspan's decision to cut interest rates. The decision helped markets across North America catch fire, but the buying may have been premature. When one looks at the reason behind the decision, alarm bells should sound. Greenspan has been very reluctant to lower interest rates becuase he felt the economy was doing fine. His flip-flop should spell out the fact that earnings are lower, US companies are facing tougher conditions, and that consumer confidence in the US is erroding. Greenspan was sufficiently concerned over the potential downturn in the economy that he decided to give it a boost. Investors question how long this shot in the arm will last, and is it a sign of looming economic doom that is becoming harder to avoid, even for the mighty United States. People must question why lenders are becoming more cautious, banks are more cautious, and funds are buying gold, yet investors are snapping up stocks after a small rate cut.. There is a method to this madness somewhere.