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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: KeepItSimple who wrote (182000)7/22/2002 12:54:25 PM
From: stan_hughes   of 436258
 
The lower we go, the odds improve for a bounce to be sure. Unless of course we're watching "1929 - The Movie" and it's only half over.

A rate cut here, especially just after everyone has been told the economy is fine, may be perceived in some quarters as a panic response and an admission of trouble. It's therefore not a slam dunk it would help equities IMO, especially now that we have the benefit of the Japanese experience.

It ain't easy being a Greenspan.....
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