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

To: KevinMark who wrote (24879)	12/15/2000 11:18:23 AM
From: Wes Stevens	Respond to of 49816

Kevin, I don't think he cares at all that the stock market has tanked. Remember he has said that his idea of an ideal stock market is 6% growth. The fact that this market has come down to earth he would view as very positive. We are probably still on track for more than 6% growth next year so I doubt that where the market is sitting will make any difference in his decision to lower rates.

To: KevinMark who wrote (24879)	12/15/2000 11:27:05 AM
From: Bryan	Respond to of 49816

Sorry dude, I respectfully disagree. AG has stated time and time again that the FED does not target the stock market alone in making monetary policy decisions. Sure, it has an influence, but I'm telling you; If the Fed actually cuts on Dec19 we are going to see a huge knee jerk bounce in the NAZ (which I will dump on), followed by an eye-opening series of drops to new multi-year lows. It will be a disaster. -B