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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian Davidson who wrote (43700)3/14/2001 8:38:39 AM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Ian,
That article scares me to death. Fed inaction here has helped turn this into an international crisis. At Dow 5000 and naz 1000 it will be a depression. Under developing circumstances can interest rates and tax cuts help. The bubble like a balloon needed to lose air on its own even if we were to have 3,4,5% inflation as a price to pay. AG may have secured his place in history. I hope this is wrong headed thinking on my part but I suspect AG will get his last best chance to reverse this between now and the 20th. Hopefully we will hear from him this morning. Mike



To: Ian Davidson who wrote (43700)3/14/2001 9:17:09 AM
From: LemurHouse  Respond to of 70976
 
Dinner's not on the table yet, but I hear the dinner bell ringing...



To: Ian Davidson who wrote (43700)3/14/2001 11:41:21 AM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
Ian,

Precisely. This is why I like the MO/AMAT spread at even money. Fred's only sin was that he was a bit early, but he never pretended that market timing was his game.

Cheers


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