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Strategies & Market Trends : Asia Forum
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To: Henry Volquardsen who wrote (7123)10/15/1998 4:51:00 PM
From: Sam  Read Replies (2) of 9980
 
Actually, I think he's just correcting what he did earlier; that is, this is the cut he should have made after the last meeting (1/4% discount, 1/2% Fed funds cut).

However, it is obvious he did it at a time when it would have a pretty big impact on the market. Expiration Thursday no less.
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