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To: Earlie who wrote (57210)1/11/2001 4:26:29 PM
From: AllansAlias  Respond to of 436258
 
Yes, and the very immediate bind is that the market is pricing in another 50bp for the end of the month. Got rock and hard place?



To: Earlie who wrote (57210)1/11/2001 4:29:07 PM
From: oldirtybastard  Read Replies (1) | Respond to of 436258
 
My lottery ticket for tonight are a few rambo puts, did you play this one or are you taking your yhoo winnings home intact?



To: Earlie who wrote (57210)1/11/2001 4:32:04 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 436258
 
Earlie, i suspect that tomorrow's economic data could well raise doubts as to the wisdom of the panic cut, or the prospects for more of the same. but then that's because the printer-in-chief DIDN'T cut because of economic data...more likely a liquidity crunch at one of his bankster buddies needed to be alleviated.

the ECB will hold off for the foreseeable future after today's GDP data out of Germany. not to mention Euro zone inflation at a 7 year high.