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To: Boplicity who wrote (5403)	9/27/2000 9:51:14 PM
From: Jim Willie CB	Respond to of 13572

back in 1994 the stimulus was Loomis Sayles sparking a large Dow short cover rally squeeze... honestly cannot remember exact details I dont know what will take us out of the 3600-4300 sawtooth I have focused on Europe as the key for weeks the European central banks are BEGGING for a Fed rate ease their currency cannot compete with the US$, which is driven by both the strong US economy and the silly high US interest rate the FedFundsFuture contract is now showing a 25% chance of a March Fed rate ease of 25 basispts I think the stimulus will come from the Fed as it attempts to save face by not backpeddling on claiming inflation is a US threat (totally absurd) and instead takes high road stepping forward to rescue the hapless socialists whence our ancestors came / Jim