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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: Doug who wrote (69902)	2/21/2001 4:49:30 PM
From: GST	Read Replies (1) of 99985

Hi Doug: The persistence of higher energy costs has been a real ball-and-chain on the economy -- and the solutions are going to take a while. What a mess!! But in the mean time, AG will cut rates or face an unraveling of the economy that will be really tough to fix later -- especially if it goes global. Chambers of CISCO said this over the weekend -- not news to anybody but it matters when a public figure fires one across the bow of the Fed chief -- I think the Fed will heed the call and cut rates sharply and soon -- even more so because of the PPI and CPI which both reflect continued energy related drags on the economy. Good luck to all.

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