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To: Ron Dior who wrote (46824)2/6/2001 11:02:58 PM
From: American Spirit  Respond to of 57584
 
That's what they were all saying on January 3rd.
Ironically, the best day to buy. And I disagree about the The Fed. The more negativity out there the faster and more dramatically Greenspan will be able to move. Can't say when but I'm not fighting the Fed like I did last year. Buying into too much optimism and rising rates is the exact same thing as shorting into falling rates and clouds of pessimism. Let's see which prediction comes true, or whether it's a wash and a draw. One thing's for sure. No one really knows right now. In this vaccuum Greenspan's moves will be king. Now let's just hope he moves again soon.



To: Ron Dior who wrote (46824)2/7/2001 9:10:36 AM
From: Softechie  Read Replies (2) | Respond to of 57584
 
Productivity number is one of AG's ingredient to cut rates. Well it's up for last quarter. Don't count on intermeeting cut now.

Productivity: Fourth quarter: 2.4%. Consensus Estimate: 1.5%. Previous: 3.3%