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To: Lizzie Tudor who wrote (54866)	5/3/1999 5:27:00 PM
From: GST	Respond to of 164685

Michelle -- The breadth looks good and we could see a short covering rally to take us a few hundred points higher. Buy quality -- whatever that is. QCOM is quality to me but too pricey. LSI is quality and not so pricey. I would avoid MSFT and all of the nets. By Wednesday with the Beige book the market could get vertigo. A friendly beige book and we keep going -- but by Thursday there will be real concern over the employment index. I think we are in for a shock, and the market will start to price that in sometime mid-week. This time next week I look for a sell-off. By late tomorrow or Wednesday I will be back in gold (NEM calls) -- depending on valuations. I hope it sells off a bit tomorrow and lets me back in.

To: Lizzie Tudor who wrote (54866)	5/3/1999 5:29:00 PM
From: H James Morris	Respond to of 164685

Michelle, If you still have a lot of $cash? Buy a house, condo,RV or just an empty lot. Please, just do it!!