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To: bearshark who wrote (65882)	1/4/2001 7:59:22 PM
From: Ibexx	Read Replies (1) \| Respond to of 99985

No rate cut of this proportion - 50 basis points; AG hadn't been this generous too many times - was ever an isolated event. It is undoubtedly to be followed by a stream of additional cuts within a few months and beyond. Ibexx

To: bearshark who wrote (65882)	1/4/2001 8:23:47 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

barshark: Howdy, almost missed your post (rare as they are)...with SI acting up as of late. Regards, LG

To: bearshark who wrote (65882)	1/4/2001 9:13:43 PM
From: JRI	Read Replies (1) \| Respond to of 99985

"He prevented the Republicans from drumming up support for tax cut"...HUH? Last I heard, Gephardt is now onboard and thinks it is a good thing....sounds like a done deal to me...in fact, I've heard theya are going to accelerate Bush's original plan... Where did you get your supposition? And, to think that many (like me) thought it was DOA, just a couple months ago...

To: bearshark who wrote (65882)	1/5/2001 1:19:58 AM
From: Vitas	Read Replies (3) \| Respond to of 99985

Shark, here’s a rundown of “1st Discount Rate Cuts” of the past 87 years: (from a December Investech newsletter) Gould goes with the second cut, as I recall. Max % Gain/Loss 0 – 3 month 3 – 6 month Dec 18, 1914 6 / -4 30 / 0 May 5, 1921 0/ -19 0 / -20 May 1, 1924 11/-4 15 / 0 Apr 23, 1926 12 / -4 17 / 0 Aug 5, 1927 9 / -3 11 / 0 Nov 4, 1929 4 / -23 14 / 0 Feb 26, 1932 8 / -42 0 / -50 Apr 7, 1933 79 / 0 85 / 0 Feb 5, 1954 9 / -2 19 / 0 Nov 15, 1957 4 / -3 6 / -1 Jun 10, 1960 0 / -8 0 / -14 Apr 7, 1967 7 / -1 11 / 0 Aug 30, 1968 10 / 0 10 / 0 Nov 13, 1970 17 / -1 25 / 0 Nov 19, 1971 14 / -2 20 / 0 Dec 9, 1974 34 / 0 48 / 0 May 28, 1980 12 / -2 16 / 0 Nov 2, 1981 3 / -3 0 / -8 Nov 21, 1984 8 / -3 9 / 0 Dec 19, 1990 13 / -6 16 / 0 Jan 31, 1996 6 / 0 7 / -1 Oct 15, 1998 16 / 0 26 / 0