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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (48457)	6/26/2001 7:27:41 PM
From: michael97123	Read Replies (3) \| Respond to of 70976

Sun, Am getting a feeling that tomorrow may bring the beginning of good things for the markets and particularly for tech. The consumer confidence numbers this morning started me thinking this way again and it is just about the 6 month anniversary of the first rate cut. Investor sentiment should be better with another rate cut as well. I don't believe 1/4 vs 1/2 means very much this time. Perhaps it will the realization of how dramatically the fed has responded + an imminent tax rebate and new withholding tables all happening at once. And all that money on the sidelines still with a few days left this quarter. And the two groups that benefit most in the first year after rate cuts is tech and transport. Mike