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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (8787)	1/11/2001 2:15:43 AM
From: DOUG H	Read Replies (1) of 13572

I'm with you and Sam. The "hope" that interest rate cuts and tax cuts will stimulate economy and get a head of steam for the second half of 01. Could be, time will tell. Me, I was very disappointed AG did not cut rates back in December. Made me think he was full blown cracked. The recent 1/2 pt cut, a lowering of discount rate was an aggresive move that was sorely needed. Maybe AG gets it. I'm hoping the rate cuts were the result of AG and the Bush folks getting together and plotting a concerted course for fiscal and monetary policy. I believe the Naz will rise into the summer and the market will reach an inflection point.

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