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To: Libbyt who wrote (5108)1/26/2001 12:10:17 AM
From: Glenn D. Rudolph  Respond to of 57684
 
For once (~finally~) the Fed is on "our" side. Maybe the FOMC is not moving quickly enough to reduce rates, or has not started cutting rates soon enough....but IMO substantial rate cuts and tax cuts are all coming in our direction!

Libbyt,

I learned as I stated to go witht he Fed and Mr. Greenspan made it as clear as possible he plans to favor the market or rather the economy which is the same in my mind. Therefore, I plan to take advantage of buying opportunities here without leveraging too much that that puts my positions at risk of being forced out of them.

Glenn



To: Libbyt who wrote (5108)1/26/2001 12:17:35 AM
From: HG  Read Replies (1) | Respond to of 57684
 
That was a great summary..<smile>

Somehow, I didn't think we get another rate cut so soon...for i believe Greenspan uses his weapons rather sparingly.....but I have been wrong before !

However the layoffs at Nortel, Lucent and Motorola have left me undecided....so I will concede a simple point...I know didley shit about the bias...<smile>

Regards

HG