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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (15124)9/19/2007 7:41:05 AM
From: Hope Praytochange   of 224748
 
The Fed was obviously aggressive with a .50 basis point cut in the FF`s rate and also a .50 point cut in the discount rate. It was a “moon shot” for the major indexes and sectors across the board, but there was also a significant move in the inflation/commodity sectors. Gold hit a new 27 year high, while Crude oil rose above $82 in New York on the rate cut. poor kennyrat getting poorer each passing quarter ....
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