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To: Ibexx who wrote (90587)	12/20/2000 4:23:16 PM
From: slacker711	Read Replies (2) \| Respond to of 152472

On the other hand, given the market psychology the way it has been, I speculate that NAZ would've tanked anyway were the expected rate cut been in place. That would be DISASTROUS in my opinion. I agree...if they had cut rates yesterday, people would have started asking themselves if it is even worse than they thought. It would have been too much of a reversal. It will seem less panciky if they do it sometime after the first of the year. Of course, at the current rate, the NAZ will be at zero by then ;-).... Slacker