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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (43659)12/16/2000 9:55:32 PM
From: jjetstream  Read Replies (2) of 57584
 
<The opposite of what is expected. That's been the norm recently.>

...and to that end...everyone is expecting, no pleading for AG to reduce rates next week....IMO he must let the ECONOMY flow and twist & pull & tweak & pinch, when the various buttons need it....and while the markets are a subsection of the economy, they are not the end all, he is thinking globally here, perhaps a mistake I'll admit, however the billions of dollars lost in the equity markets are a small piece of the overall pie he must keep fresh......

growth is slowing...that was the goal
unemployment is rising....that was the goal

JDSU @ $70......doesn't care
CSCO @ $50.......again he doesn't give a rats azz
MSFT @ $50........not his concern

I don't think we are quite where AG wants us yet....so next Tuesday....no rate cut...maybe, just maybe a more loosing of the *future* rates.........
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