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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: carepedeum2000 who wrote (2394)12/10/2001 11:29:34 AM
From: DebtBomb  Read Replies (1) | Respond to of 13660
 
I agree, I think we're stuck here today. Market is waiting on Binnie and Santa Greenie, hee hee.



To: carepedeum2000 who wrote (2394)12/11/2001 8:30:23 AM
From: moufassa7  Read Replies (3) | Respond to of 13660
 
Response to Fed rate cut. 1/2 point cut and markets tank. 1/4 point cut response depend on forward looking statement. If Fed indicates more cuts ahead if needed market should react positively. No rate cut and market goes higher because of sense that the economic bottom is in. I think we get a 1/4 point cut and indication that more will come if needed.


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