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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (48294)8/24/2000 9:01:01 PM
From: Stcgg  Read Replies (1) of 94695
 
Bill Hueb..

You said.. "I believe the only way out of the current predicament is for AG to lower rates... but that would only be a short-term measure because the markets would sky-rocket and we would be back where we started..."

The truth is if Mr Magoo lowered rates, the dollar would go into a freefall as the Euro is now doing - Outcome for stock prices would be negative.. He's in a catch-22 with the economy now, it's been stretched as far as it will go, time to pay the Piper nearing!

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