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Politics : Ask Michael Burke

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To: Mike M2 who wrote (67217)	9/3/1999 10:43:00 AM
From: JRI	of 132070

The dollar ain't gonna fall much farther....Japanese will not stand for a too much weaker dollar....as is, its going to hurt them (slower recovery)...we are close to basing here... Without a much, much weaker dollar, I don't see how rates are going to stay above 6%...Its hard to see any doomsday (prick of "bubble")..without rates well above 6%....if you do, I'd love to hear it.... I agree that the gvt. reports are inaccurate, incompetent...but, both on the up & down side....in other words, both bulls and bears get hurt by the inaccuracy of the gathering, processing, and reporting... You gotta know when to hold 'em...Doomsday will sound better next year when world economies are picking up, and the Fed hasn't raised in a while..

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