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Strategies & Market Trends : Group Therapy

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To: Wolf 2 who wrote (2770)	12/30/2000 8:46:57 AM
From: Duane L. Olson	Read Replies (1) of 4564

Wolf... Agree the economy isn't out of the woods yet. Some small amount of yearend and January effect play here, but perhaps the market has taken too much of a battering to give us any quick runup. We just might have to settle in for for some slow going. And the argument I've heard that we all deserve it because we we too unrealistic somehow doesn't cut it.... The Fed could have reduced the excessive optimism without slashing the legs out of the important tech capital markets. Certainly the last interest rate rise was unnecessary, and perhaps the last three did nothing but raise the risk of recession... All imho, of course. A cheery New Year to you, Wolf, et al... TSO

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