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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Eric Klein who wrote (14653)10/18/1998 8:02:00 PM
From: dfloydr  Read Replies (1) of 18691
 
My suspicion has been that they decided on a half point cut in the last meeting but since that was what the market was expecting, they decided to split the cut in two in order to do the unexpected. They really do not want to seem to be doing what the market expects.

Floyd
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