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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: isopatch who wrote (83580)1/5/2001 3:51:24 PM
From: Think4Yourself  Read Replies (2) of 95453
 
The NAZ decline is excellent news. It means the Fed can cut another 50 basis points at the FOMC meeting this month. Was worried we might get another tech bubble that would concern the fed.

This is great for energy holdings, which tend to be more heavily leveraged. Bring those interest rates on down!
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