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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (43013)8/25/1999 3:24:00 AM
From: Crystal ball  Read Replies (3) of 94695
 
Until October then, all should be well, or at least better.
I am,
Truly yours,
-Crystal ball
P.S. Increasing the discount rate (Fed to Bank 4.75%) I think is just to level the discount rate out to the Fed rate (bank to banks 5.25%), andnot I hope, an indication of another Federal Savings and Loan disaster being seen on the horizon in the FDIC depositories, unlike this imaginary "inflation" Greenspammer thinks he sees but in reality is the only "creator" of, bank collapses would be the one thing that maybe the Fed Governors may be able to see, that we can't, since they are the only ones with the numbers. Like I said, its probably just par for the course.
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