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To: PnclNk who wrote (55875)10/20/1998 12:16:00 PM
From: donald sew  Respond to of 58727
 
Pencil,

>>>>>>>>> .Extrapolating the current rate of changes happening, the Fed can continue with .25% rate cuts at two per month for about 10 more months before they reach 0%. If the Dow goes up about 1000 pts. per rate cut we will be at Dow 30000 before we really have to begin to worry again about a plunge! So - - no worries until Aug. 1999. Relax. Any more questions? <<<<<<<<<

What a great response - you had me rolling on the floor. OK, I buy AUG 1999. ggggggggggggggggg

seeya