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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Leader who wrote (65895)8/6/1999 12:58:00 PM
From: benwood  Respond to of 132070
 
''It's a lock, Fed rate hike August 24, no ifs ands or buts about it,'' predicted John Lonski, chief economist at Moody's Investors Service in New York.

Now that the interest rate hike is a sure thing, I presume the stock market will have a relief rally when it become fact, like last time, since AG will raise interest rates but go to a downward bias. <g> (see, I could be on the Fed board now that I know how it works <g>.)



To: Jeff Leader who wrote (65895)8/6/1999 1:48:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Jeff, They have always had a lot of friends. But I have to still play the valuation and there is nothing there.



To: Jeff Leader who wrote (65895)8/6/1999 2:34:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
You mean, -$0.21 (last I checked, the rush to lower isn't over). Must have been a few phone calls from Boise to New York these last weeks. -mb


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