Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 283.01

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10:09 AM EST

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To: Gottfried who wrote (25643)	10/23/1998 12:08:00 AM
From: 16yearcycle	Read Replies (1) of 70976

Gottfried, This is from tonights wsj, out of an article about fed speeches TODAY: "Mr. Poole, considered one of the strongest anti-inflation hawks in the Fed's policy-making group, also suggested that a slowdown, not inflation, continues to remain the Fed's main worry. The recent market instability "and the circumstances surrounding it are so unusual in the context of U.S. history that policy makers must concentrate on dealing with this situation for the time being," he said." It is highly significant that Poole would say this today, after the huge run our market has had. Even I am surprised. Maybe that Nov cut is in the bag after all. If I was short anything, I would take any gains I could get and change tactics asap.

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