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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (11244)	5/14/2001 1:03:02 PM
From: TheLineMan	Read Replies (1) \| Respond to of 15481

Regarding "They are currently spending 101% of their income" - its probably the only thing keeping the economy afloat. I always liked the Dickens quote - "Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. - David Copperfield

To: Augustus Gloop who wrote (11244)	5/14/2001 2:21:38 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 15481

3/4 point cut ? You're dreaming. Remember, the inflation indices are showing signs of life too. And the Fed regards its primary responsibility as preventing inflation.