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Strategies & Market Trends : The Amateur Traders Corner
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To: Roger A. Babb who wrote (14279)9/27/2001 10:13:19 PM
From: Tom Hua  Read Replies (5) of 19633
 
Roger, time for the regular amateur poll on Fed cut next Tuesday. My guess is another 25 bp. Language will continue to reflect the weakening economy adversely and unexpectedly impacted by the attacks, and risk of global recession (U.S. recession is already in place). Although the door is open for further easing, the Fed is dangerously running low on ammunition. Surely, lesson from the Bank of Japan is giving the Fed something to think about.

Poll:

0 for 0 bp
1 for 25 bp
0 for 50 bp

Regards,

Tom
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