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Strategies & Market Trends : Joe Stocks Trader Talk
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To: NOW who wrote (740)4/9/2002 12:53:00 PM
From: Robert New   of 787
 
Homebuilders are up strongly the past couple of days on the possibility that the fed wont have to raise rates this year. With companies like IBM warning and few seeing any pickup in demand the Fed may hold off longer than most were thinking...thus the Reits/Banks/Homebuilders are now rallying.
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