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To: KeepItSimple who wrote (182000)	7/22/2002 12:48:39 PM
From: LLCF	Respond to of 436258

<I'm predicting a violent snap back rally. BTW- this would be the perfect time for greenspan to lower rates, to get maximum bang for the buck.. > Agreed... that WOULD really BANG the buck. -gg- DAK

To: KeepItSimple who wrote (182000)	7/22/2002 12:54:25 PM
From: stan_hughes	Respond to of 436258

The lower we go, the odds improve for a bounce to be sure. Unless of course we're watching "1929 - The Movie" and it's only half over. A rate cut here, especially just after everyone has been told the economy is fine, may be perceived in some quarters as a panic response and an admission of trouble. It's therefore not a slam dunk it would help equities IMO, especially now that we have the benefit of the Japanese experience. It ain't easy being a Greenspan.....