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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity?
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To: Wallace Rivers who wrote (137)9/2/1998 8:12:00 AM
From: Ray Tarke  Read Replies (1) of 175
 
>If he lowered 50 basis, don't you think that would send the domestic
housing market on fire? <

Yes ! Also will increase home equity loans and consumers with the extra cash in there pocket will buy big toys.

You are right Greenspan will knock the rate .25 basis.

Regards,

R.T
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