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Technology Stocks : Aviat Networks -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (116)	1/22/2008 2:33:07 PM
From: Rob Preuss	Read Replies (2) \| Respond to of 312

I just read that this is the first 3/4 point drop since October 1984... almost a quarter-century ago. At last, the fed seems to get it. Now I'd very much like to see other central banks around the world follow suit with similarly large rate cuts. If they don't, or if they wait too long, we'll see the dollar plunge in value even further and faster than it has in the recent past. Moreover, since oil is priced in dollars, such a sharp plunge in the value of the dollar would likely make oil prices soar... are we ready for $125/barrel oil? (Some will argue that they'll switch to pricing oil in terms of Euros or some basket of currencies, but I think this is highly unlikely.)