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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (14883)8/30/2000 2:25:23 PM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
contraryinvestor.com
It's All Over Now, Baby Blue...Mix our previous thought of continued perceptual cooption by the Clinton Administration
with the possibility that Greenspan is done raising interest rates, and what do you get? (NB: We are not espousing the end
to rate increases as long as credit availability is running strong.) Well, you have the ingredients for a rally in interest
sensitive stocks, of course. However temporary or fleeting. Since it's a slam dunk that AG and friends will be on hold
through November, that gives plenty of time for folks like the KGB (Kudlow, Galvin and Battapaglia) and others to bask in the glow of an assumed completed monetary tightening cycle that barely phased the continual upward trajectory of the major
market averages. Hurrah! Onward and upward as the next Fed move will most certainly be one of ease. Right?
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