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To: Berney who wrote (4518)	10/30/1998 4:36:00 PM
From: John Harton	Read Replies (1) \| Respond to of 11051

Re: Mr. G I have a theory that perhaps the odd timing of the Oct. 15 1/4 point move may have been less politically motivated than it appears . Suppose the fed in their Sept meeting simply decided to "automate" the next few 1/4 point moves to occur when certain levels of GDP,CPI, Foreign Trade Deficit and other economic measures combine at some predetermined level. Thus the timing occurs at unexpected and ulterior motiveless dates. Gee, I sound way too naive even to me.{g} In regards to 10/10 , the way that both you and Steve called the post July plunge was very impressive. Therefore, I truly did share your nervousness regarding the later part of October on. Unfortunately, I'm one of those who rely on the general upward trend of the market over time and remain almost fully in at all times( somewhat like Jury with leaps for leverage and loss limits and stocks and sector funds). Hence August for me was the BIG OUCH! Happily the recent bullishness is allowing me to take a few of my sillier moves off the table. The thing that surprised me was why the typical-worlds on vacation-do nothing month of August? Earnings reports were mixed I believe so why August?? Comments welcome. Happy Trading, -John