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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Luce Wildebeest who wrote (37173)	3/13/2001 11:38:48 AM
From: IQBAL LATIF	Respond to of 50167

From WSJ.. <<A wash-out bottom is probably unfolding now. In the meantime, buyers are standing aside. A rate cut of at least a half point is a slam-dunk on March 20. Investors are disappointed with the Fed's pace of interest rate cuts. However, the Fed is creating money at the fastest pace in history and urging banks to be more aggressive in lending. You will see a new high for the Dow and the S&P 500 well before year-end. A new high for the Nasdaq should unfold in early 2002.>> fwiw