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To: long-gone who wrote (87434)6/26/2002 12:14:53 PM
From: Ahda  Respond to of 116998
 
If he does that one he has done sunk the market so i don't think he will he will stay pat or raise for leverage but drop he won't.



To: long-gone who wrote (87434)6/26/2002 12:17:12 PM
From: Real Man  Read Replies (1) | Respond to of 116998
 
My savings account pays less than 1%, and the dollar index dropped more than that just today, so what effect can dropping interest rates possibly have on my desire to keep my savings elsewhere? I agree, somehow there is a huge flow of scared money into treasury bonds today - 10-year rates were down 4% in the morning! So the psychology has not entirely changed... Or maybe it's just the Fed with the Coupon pass.


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