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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (20967)10/20/1998 12:57:00 PM
From: Ross  Read Replies (3) of 50167
 
IQ,

About Fed rate cuts.. "Every rate cut (during a bear market) for the past 100+ years (since creation of the Dow) has resulted in a rally. The historic rallies are of quite short duration and the prior lows have been tested in every case."

Ross
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