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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%3:59 PM EST
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To: Gottfried who wrote (25326)10/15/1998 8:18:00 PM
From: Big Bucks  Read Replies (1) of 70976
 
GM,
The fast rise sets up a faster fall, however, it may not fall as
far now. The dynamics are in place. Putting a sandbag on an overflowing levy doesn't really amount to much in the scheme of
current events that affect our economy from external influences
beyond our control. The Fed is now in a reactionary mode but
may be late in addressing the issue. Time will tell.
I'll have to re-evaluate the situation and look at the charts. The
rate cut was expected so IMO, "much ado about nothing!"

Regards,
BB

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