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To: American Spirit who wrote (46478)2/1/2001 2:45:44 PM
From: Softechie  Read Replies (2) | Respond to of 57584
 
Fed is not Techs! Market is driven by supply and demand. Fed reduced rates to make it easy and entise people to spend and feel good about their own state of affairs. That's the starting point of the whole cycle. Like Japan, rates can be zero and they're still in recession. I don't think US will be like that. I'm not fighting the Fed. I'm going with the cycle.