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To: Self-Retired who wrote (53705)1/3/2001 8:31:49 PM
From: robnhood  Respond to of 436258
 
<<FED's cut target was to achieve maximum psychological effect with minimum efforts>>

This is too much... The Fed appears to be playing a dealer in the market poker game..
PS: I don't think that was minimum efforts... That was the biggest bullet that they had in their warchest. IMHO.