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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (72794)	3/20/2001 12:02:11 AM
From: stockman_scott	Respond to of 99985

<<now is the time to put the pedal to the floor to stem the tide of pessimism and give the markets some confidence.>> I couldn't agree with you more...The markets have lost over $4 trillion dollars in value and that's over 30% of our entire nominal GDP...Greenspeak must know that the health and stability of the markets are directly tied to consumer confidence. In fact I would argue that Corporate confidence is impacted by the interest rates as well as by the stock market. Greenspeak's legacy is on the line and its clear that he's behind the curve in cutting rates. We'll see if he has the courage to cut a historic .75 bps tomorrow afternoon...=) Good luck investing everyone. Regards, Scott