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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (1323)	10/24/2001 6:30:45 AM
From: Softechie	Read Replies (1) \| Respond to of 99280

"If the focus on the market were to continue to go up even with bad news, that would indicate to me we're going to recover," said Phil Dow, stock market strategist at Dain Rauscher Wessels. For now, it's probably too early to call a bull market, but the stage is almost set for one, according to First Albany's Johnson. Aggressive interest-rate cuts by the Federal Reserve - nine this year, setting a target for short-term rates not seen since the Kennedy administration - have helped put enough money in people's pockets to spark purchases of stocks and goods, fueling markets and the economy at the same time. money.cnn.com