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To: fedhead who wrote (4533)1/2/2001 6:20:16 PM
From: craig crawford  Read Replies (1) | Respond to of 57684
 
They say semi's and semi-equipment are very sensitive to rate cuts. The bond market has been pricing in rate cuts, the financials are pricing in rate cuts, maybe some money finally flowed into a really beaten down tech sector that is cheap and rate-cut sensitive. Maybe the SOX is joining the financials and bond market's prediction that a rate cut or several rate cuts are just around the corner?