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To: High-Tech East who wrote (72701)3/19/2001 12:03:12 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Ken, all what is written in those commentary is quite known and even I posted same about a month ago regarding the Just in Time effects.

All in all the FED needs IMHO to lower rates by 75 bp to save the economy from the financial markets. The dollar index is near it's high, CRB is heading down quite quickly GDP growth + Inflation are well below 4% as the 2 year notes indicate, there is no better time or reason why US interest rates must be higher than Euro interest rates.

Lower interest rates will lower the dollar and on an adjusted basis lower energy prices to Europe, Japan and SE Asia who need it most.

BWDIK
Haim