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To: Defrocked who wrote (40994)	5/14/1999 10:55:00 AM
From: Cynic 2005	Read Replies (2) of 86076

<<A quarter point move now will do more good than harm to this economy IMHO. >> Def, perhaps Greeny is thinking a 1/4 point boost in rates may be just what the doctor ordered to trip the stock market. After all, it is how it ended here in 29, in Japan in 1990. Stock market crashe means there is no economic expansion. Period. He may have the right reason to rise but may end-up being blamed for any debacle that may follow. I think he will chose not to do anything. I doubt if there is enough political will. Then again, WTFDIK? Yield is north of 5.9!! is 6% what we need for THE moment in stock market?

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