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To: Giordano Bruno who wrote (244052)	6/5/2003 10:18:12 AM
From: Lucretius	Read Replies (1) \| Respond to of 436258

-g- no, but this does... creamer is now a crack baby... lol: Beware the Fed's Knife By James J. Cramer 06/05/2003 09:09 AM EDT Click here for more stories by James J. Cramer What if the Fed makes an emergency rate cut today or tomorrow? Will we go up or down? I think that the initial move might be up, but that we will then suddenly be deluged with selling because people will genuinely believe the Fed is panicking. I am hoping against hope that the Fed does nothing here, that it looks at the data and says "more time; give it more time." I am hoping that because I think we don't need a Fed panicking more than it already has, and because I want to get off the 1998 road map because eventually it leads to the 2000 debacle. But I wanted to put the idea of the cut in your head because I think there is a chance it will happen: 50-50 on a weak employment number that we get in the next 24 hours.