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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (88299)	1/11/2001 5:55:41 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

mm, IMHO, the Fed will continue to cut rates. Whether 25 or 50 basis points next time is the question. However, the Fed has no idea how bad the economy is because they are now looking at the numbers they themselves faked up for public consumption. So, if you have phony GDP with hedonistic values taking the place of real numbers, even though seasonally adjusted, they may have a false view. It would seem that the folks who made the numbers phony in the first place would know better, but perhaps they have convinced themselves with their own rhetoric. Action is found in casinos, who build those huge pleasure palaces with all the money they lose to folks seeking action. <g> Options should give you all the action you need and can even be great investments if you know your money management.