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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (6784)	5/2/2001 6:35:26 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 52237

>>A case can be made for one more 50 basis point rate cut, based on the report's comments on tighter credit standards, higher energy prices (which the Fed has said act like a tax on consumers)<< Oh, yeah! Have already heard of the local city councils applauding the additional tax revenue they are reaping from higher energy bills, since the city, county or state add their tax on to the bill total. And since the energy bills are anywhere from 30-60% higher, local government is profiting from this with higher tax revenue!! The most recent rate cut spiels I am hearing is we get 50 basis points by June, just whether we get it in one shot or two.