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To: Dale Baker who wrote (6209)	5/17/1999 4:48:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Considering the train wreck we expected today, I am delighted to wander off into the sunset with a 1% gain in the 50% portfolio. Hard to see much damage happening tomorrow no matter what the Fed does; everyone is so nervous that it is all "priced in" now. The Nuts usually continue to run after they turn like this. Looks like a good time to be long. Good night everyone.

To: Dale Baker who wrote (6209)	5/17/1999 7:10:00 PM
From: CatLady	Read Replies (1) \| Respond to of 118717

Shorts? I don't see much right now ( except BBs ) I'm holding and trying to be patient with a few of the usual suspects. Longs have done much better for me than shorts for the last 2+ months. --- I don't usually pay much attention to the Worden report that comes with my TC2000 data, but this one is kinda funny: A confidential source has informed us that tomorrow's Federal Open Market Committee Meeting will not be a "meeting" in the sense that we have come to understand the word. It will actually be more of a "séance," held in dim candlelight, the objective of which will not be to manipulate interest rates, but to "cast a spell" over the investment public. It is possible that the "policy bias" will be set by the spirits of all departed predecessors to the Chairman job, provided they agree with Alan. And we don't think Alan is very interested in rocking the boat too much at this juncture.