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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (39014)6/13/2000 11:02:00 AM
From: Rich1   of 63513
 
Pretty interesting. We have now slowed down, less people will be working. Less cars will be sold. Less products in the retail businesses.
We have not quite felt the effect of last month .50% raise.
Has the Fed overreacted. Look at the history of the market, only times it overreacted or overheated was when the Fed intervened.
The market went too much when the Fed overreacted and dropped rates 3 times. Now it has gone down because the Fed has overreacted and raised too many times.
We need a Free Market based on Supply and Demand of products, goods, and services.
OkayIwillgetoffmysoapbox.com
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