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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (1640)	3/1/2001 3:13:50 PM
From: minorejoy2000	Read Replies (1) \| Respond to of 52237

Isn't it true AG can only cut intermeeting on his own, and at the meeting, it's a vote? There are other fed govs that are less dovish and may still lean toward tightening. On Cnbc, at least yesterday, the guy who covers the NYSE floor kept saying they may now not cut at all. M

To: stockman_scott who wrote (1640)	3/1/2001 3:16:12 PM
From: JRI	Read Replies (1) \| Respond to of 52237

Scott- Greenspan is already trying to "help" by expanding the money supply at an extroadinary rate (thru coupon passes/Fed funds)....I actually think he needs to NOT use the last bullet in his gun (rate cut(s))...the market has got to regain its confidence on it own here...and not rely on Greenspan to bail it out.. It'll be a much more solid, tradeable (maybe even buy-and-hold for a while) if the market can find its legs without Greenspan...who knows? Maybe that's happening today... There was a bubble. Its getting crushed...don't know when that process ends, but most of the air is out already..