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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (87808)	1/3/2001 9:32:52 AM
From: Freedom Fighter	Read Replies (1) of 132070

Mike, >>I think we see a rate cut to save the market and the economy and this type of stock that has fallen but not crashed will rally wildly.<< I think a rate cut is already built in. I suspect that in order to get more than a blip reaction from the markets, AG will have to announce either a surprise cut (before the meeting) or a larger cut than expected. It may take even more to help the economy because last time I looked this was already a very leveraged economy....and the dollar isn't lookin too hot.... Wayne

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