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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: Bo_ who wrote (20202)	10/27/2000 8:40:32 AM
From: Mike E.	Read Replies (2) \| Respond to of 49816

GDP 2.7%...street was looking for 3.4%... Economy slowing fast. BEARS will latch onto that today and proclaim the recession is near (and they may be right, who knows). It doesn't seem to have phased the irrational exuberance in the pre market trading of the fiber optics, however. And before you know it, we'll be hearing about the coming rate cuts to stimulate the economy. Many would argue that this more rapid slowing of the economy was anticipated by the market and was a contributing factor to the sharp decline this year (market is a leading indicator and it's built in). I really don't know. Good luck this morning! Mike