Ahh Canada - 2 out of 3 ain't bad Message Board

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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Davy Crockett who wrote (1406)	3/20/2001 10:07:23 PM
From: Cush	Read Replies (1) of 5144

Peter, I'm not unhappy with the Fed move *today*. My opinion about whether they helped create and exacerbate this horrible business and investment climate, hasn't changed. As far as 50 or 75 basis points, I just don't see that as major. The market over-reacted, I thought. It'll take six months to begin to feel the effects of the rate cuts we've seen, and we'll have more I'm sure. IMO, they shouldn't have made the last rate increase last year, maybe even the last two. IMO, they should have begun these rate cuts last fall. IMO, the markets and the world economy don't need a smirking old man smugly being sufficiently ambiguous. We are entering the Greenspan Winter but like all seasons, it too will pass. Cush

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