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


To: Jan Crawley who wrote (57102)12/7/2001 12:32:05 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Hi Jan,
Unemployment numbers will guarantee fed cut of at least 1/4. Some talk about a half. U of Michigan consumer numbers did better that expected for the same period. I think we may have seen the worst of the layoffs at this time. And the consumer continues to be relatively optimistic. Unemployment numbers gave market an excuse to pause. Fed cut on tuesday i believe will coincide with next move up imo. We got three big contracts signed this week for tech buys in financial services industry. Deal we lost went to another firm, not delayed as had been the case. Decisions are beginning to be made in my space. Augurs well if it continues into next year. mike