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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Peace who wrote (38454)12/19/2000 4:08:34 PM
From: Grandk  Read Replies (1) | Respond to of 42787
 
Mainly due to the fact that a rate cut would of sparked a rally, which would have hurt investors even more in the long run. Greenspan is still attempting to give the market a soft landing. IMO, he's much more worried about the DOW then the Naz anyway.



To: Peace who wrote (38454)12/19/2000 4:19:39 PM
From: zamboz  Read Replies (1) | Respond to of 42787
 
They do not want to appear panicy or erratic. The bond market would have lost confidence. Besides, Regis called for a rate cut.


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