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To: Fudd who wrote (7819)2/6/2001 6:20:03 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Fudd, all I can say is the premise of both the lower rates and a tax cut to stimulate "consumer confidence" and thus increase consumer spending is a zero sum game, I mean, how much crap do Americans need?
As for business, who knows for sure, money may be cheaper, yet harder to get.
I was of the mind that all the rate cuts would be a stimulant to the markets, and that may indeed happen, but not this quarter. The funny thing is, the profits I made in January were the best I have ever had for a one month period, done by basically buying the absolutley most beat-up stocks and trading the indexes. Go figure.

As one door closes, another opens....