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Strategies & Market Trends : Guidance and Visibility
AAPL 278.72+0.5%Dec 10 3:59 PM EST

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To: SusieQ1065 who wrote (66604)8/11/2002 9:27:01 AM
From: DebtBomb  Read Replies (1) of 208838
 
925, then to 811?? Could be susie. The Fed has to cut now, the bulls have it priced in, IMO.

NEW YORK (Reuters) - All eyes will be on the Federal Reserve next week to see if it delivers a much-debated interest rate cut after anticipation of a move sparked rate-cut fever and a blazing rally on Wall Street.

Investors will likely be treading carefully in coming days amid a slew of potential minefields and nagging worries about corporate corruption, all of which could make the market ripe for a pullback after some stellar gains.

"It's been a pretty impressive rally," said Rich Nash, chief market strategist at Victory Capital Management. "We're going to have to give some of this back."

biz.yahoo.com
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