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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 3:59 PM EST
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To: Monty Lenard who wrote (44594)12/15/2000 1:54:31 PM
From: James F. Hopkins  Read Replies (1) of 77397
 
RE> It has to do with no liquidity.<< that's it in a nut
shell..he not only flooded the market with liquid
last year..he drained it all back out..he is starting
back but it looks to late now..all a rate cut will do
is send the dollar down and then maybe
we can find a bottom( after about two or three cuts )
and the market off another 30%.
The JP6s thinking the market will rally on the first
cut is nuts. It wont rally until the dollar bottoms,
if he high dollar caused it all it won't start to
fix until that's changed..and catch 22 is that with
a falling dollar you get inflation.
His madness about having to have long unemployment lines
to check inflation is his madness, and can cause the
worst of both worlds..resssion and inflation at the same
time..& IT CAN HAPPEN.
While they will blame it on J6P, they will not
mention that they feed him all the bullshit to start with.
Jim

Jim
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