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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: y2kate who wrote (53441)	6/8/2000 10:44:00 PM
From: American Spirit	Read Replies (4) of 99985

Kate, the consensus (which is usally right) is that the PPI numbers will be benign and that the Fed will at most raise 1/4 point before the election. But nothing after this month because it would be too politically destablizing. There are some who say Greenspan might even lower after this if he feels he's gone too far. But opinions differ. Economic report numbers are closely guarded secrets because you could make a lot of money on them if you knew in advance. See "Trading Places" for the Hollywood twist on this. I expect a rally tomorrow but I could be wrong. Nothing to do but wait.

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