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To: John Madarasz who wrote (121043)9/11/2001 10:33:22 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
he had just cut rates about two weeks before the Kuwait invation on Aug 2. he could cut early in the next week.

the-privateer.com

given the scale on which markets oscillate today, a "muted" rally back to 9900 from 9100-9300 would be substantial back in 1990. 200-week moving average now stands around 9950-10000.