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To: Earlie who wrote (33299)5/16/2000 3:41:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
Earlie, indeed...the hikes are just a face saving game to keep the Fed's anti inflation credentials intact. the market of course looks through this...as can be seen. they know he stands ready to bail everyone out should the speculation go sour...so we get another 'we dare you' rally.