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Strategies & Market Trends : Ask DrBob

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To: georgiac who wrote (7323)10/3/2000 3:42:40 AM
From: Drbob512   of 100058
 
Georgiac: Agree with you and IowaMan that no more hikes and that bias will be neutral, but I don't thing that helps the markets or can compensate for the worries about energy, euro, earnings/economic slowdown. In a month or two, it will be anticipated by the market that the risk for the Feds is to not cut rates, so the market will expect cuts in 2-3 months to prevent a crash landing or recession, instead of a soft landing...

I am afraid we still have more pain in the next week or two...
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