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To: Activatecard who wrote (65766)10/1/1999 2:18:00 PM
From: Defrocked  Respond to of 86076
 
It's possible that This Market could rally
on a rate hike. And they'd rally it right up
into an economic slowdown if they did. That'd
be good for P/Es wouldn't it???-s-

Believe it or not, there are still professional
managers that would prefer bonds to stocks after
another rate hike. In fact, the Fed would be
prepared to hike again after that if necessary.
BWDIK.


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