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To: drsvelte who wrote (2594)9/6/1998 11:02:00 PM
From: R. Gates  Respond to of 14427
 
I think a 1/2 point rate cut very likely and it will happen before the end of September and it will be short term medicine. It won't keep away the bear for long. But might give a chance for some (wise) people to clear out any long positions before we go over the cliff...

But just for a bit of perspective, check out:
nypostonline.com

Best Regards,

R. Gates