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To: Lee who wrote (125929)	5/18/1999 2:33:00 PM
From: TTOSBT	Respond to of 176387

Alan Greenspan and his band of merry ole' FEDrader's came to the longest held party in recorded history on Wall st. They tasted the punch and discovered in one of the bowls a tinge of contraband. They did not arrest anyone or did not break up the party but they left after posting the following warning: "We will have unannounced punch checks in the future!" Get back to the party everyone! TTOSBT p.s. Oh yes i almost forgot. Everyone at the party knows there was no contraband in any of the punch bowls. One of the flavors was a sour ball tart!<g>

To: Lee who wrote (125929)	5/18/1999 2:35:00 PM
From: JRI	Read Replies (2) \| Respond to of 176387

Lee- I gotta believe that markets will rally into close...since my theory is that the bias was already priced in market (and bias really doesnt mean anything anyway....Fed has put tightening bias on 14 times within a 4 year period...only raising rates ONCE)... Dow/Naz still dropping as I type.. Overdone. Facts are agnostic on inflation. I have no more to say on the subject <G>

To: Lee who wrote (125929)	5/18/1999 2:59:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

Lee, 'Tightening bias'= Rate increase by proxy or is it default,one of those.<g> and why not let the market do the dirty work is what the Green- Miester is thinking-Good show I say. We should get over the negative sentiment in the market probably by the end of the day is what I am thinking. Ok now I gotta go back to sleep.