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Strategies & Market Trends : Tragically Hip Koolaid Stand
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To: arno who wrote (597)1/3/2001 2:51:56 PM
From: Jorj X Mckie  Read Replies (1) of 604
 
Greenie has proven to be reactive and not proactive. Maybe he felt that it was too drastic to go from a tightening bias to a rate cut all in one move.

If I recall the NAPM stuff from yesterday was the lowest we had seen since Sept 91, so maybe things are that bad.
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