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To: El Toro who wrote (22592)8/6/1999 10:51:00 AM
From: jwk  Read Replies (2) of 40688
 
>>> Any evidence that the economy is slowing to a more stable pace in reaction to higher rates could lead to a quick and powerful rally in the markets, ...<<<

Isn't that just it in a nutshell? The economy is strong & robust, a bit of an adjustment in the form of interest rates may be needed to keep it strong & robust, and the initial reaction is always to jump ship...only to surface and see that the ship has sailed on in clear, calm waters.

You'd almost think that there were folks working in the brokerage houses who are more focused on churning shares that long term results. Nah. That couldn't be!
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