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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tommaso who wrote (26345)	9/3/1998 9:39:00 AM
From: Andeveron	Read Replies (1) of 94695

>> Fed would dare raise short term rates and get accused of a market crash << Fingers may get pointed at the Fed anyway. Ignorance of the precarious position that the Fed is in will level a lot of accusations and outcry. Fed will get blamed for not lowering interest rates, not moving faster to "correct" the situation, et al. Greenspan and company are in a no-win situation. Market meltdown today...

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