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Strategies & Market Trends : Sharck Soup
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To: JRI who wrote (12436)3/20/2001 3:19:14 PM
From: velociraptor_  Read Replies (2) of 37746
 
I agree...people are missing the main point and that is that the FED has lowered by 150bp and yet the market is still significantly lower and continues to go lower. The main issue with stocks is earnings and valuation and no damn rate cut is going to fix that near term unless the FED wants to cause ripples throughout the global economy.
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