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To: GST who wrote (118489)2/24/2001 7:37:39 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
And if there is no rate cut, the stock market will discover that a bear market can be very, very sobering -- and that is the role of AG, to lead the cause of sobriety in the market -- a sobriety that has been absent for several years.


GST,

I agree although I do believe AG will cut. We will have a recession if consumer spending slows. The market will cause that if continues down so I believe he will cut. I am not of the belief the market will rally on the cut. I am of the belief it will not go down much further at that point. As you know and I always say, I really do not know what the market will do.

Glenn