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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (64424)	6/16/2003 9:01:28 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

I'm betting down, for now, as a longer term bet. They are ramping up futures, for now, as they have done every day this month and last month. What else is new? A 0.5 cut will bring rates to 0.75, so... the Fed will need some kind of viagra to keep cutting. -5.0% rates? You lose money when you go to the grocery store and see that the prices went up 20% AND you lose money when you keep them in the bank? I bet most people will be happy to see their debt going to zero -g-