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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (1180)2/27/2001 9:50:08 AM
From: Paul Shread  Read Replies (1) of 52237
 
I'm going to have to weigh in on the "no cut" side, too, but I full expect 50 bp on March 20; the fact that the market is now focused on the next rate cut could give us a positive bias over the next three weeks. Could. But the fact that "The Lonesome Dove" McTeer prefers to wait for regularly scheduled meetings is enough for me not to expect a rate cut this week. We'll get consumer confidence in about 10 minutes; let's see how bad it is.
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