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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: mark g who wrote (978)	9/4/1998 10:20:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 7247

One problem with your theory.....Supply and Demand a basic economic principle. Trust me it is the US consumer that has supplied us with the current economic benefits....not the global economy....yes....business valuations are now based on global growth but the strength lies here in the US. And that is truly our saving grace...the rest is icing. IMO an interest rate reduction is inevitable and necessary for global recovery. The US is a greater economic force than it has ever been. So I agree with your latter comments. Jeff