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To: LLCF who wrote (83151)3/20/2001 9:42:00 PM
From: SecularBull  Read Replies (4) | Respond to of 436258
 
No. It's a disjuncture between long term investors and short term investors. The market sold off because the speculative short term investors that had been hoping for a 75 basis point cut and ensuing rally, and then bailed out to CTA.

The LT investors are entrenched at this point, imho.

~SB~