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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (71186)2/23/2001 4:52:15 PM
From: KyrosL  Read Replies (2) of 436258
 
I doubt that a Fed cut now will cause a rally that lasts more than a day or two. If they cut now, they will only succeed in inducing a panic sell of the dollar and possibly LT bonds -- unless they convince the ECB to also cut, which is very unlikely IMO.
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