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To: Shack who wrote (42305)6/17/2002 9:41:59 PM
From: yard_man  Read Replies (1) | Respond to of 209892
 
>>lowering the fed funds rate from 1.75% to 1.5% won't stimulate anything except a 3 hour rally in the SPX. <<

I doubt that -- lots of discussion of this on the boards -- I think it would be sold. I would put the odds of it happening, absent a market crash, at something less than 1 in 20.