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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (20128)	9/7/1998 1:57:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Hey Beebs....how ya doin guy???? well i've posted here that i think we should retrace 50% of the 1900 point selloff...so say 8400-8500 or so.... now Beebs, if AG actually cuts rates???? we'll go much much higher... a steamroller effect will occur...ALL the fund guys will pour cash into the markets as fast as they can.... i really DON"T see AG lowering rates anytime soon...even though the yield curve is saying that he will...he's usually cautious...and would wait to see HOW MUCH the economy slows in the next "2" quarters... Now BEEBS, listen....if he SURPRISES THE MARKETS, hang on to your hat pal....i forsee a 500-1000 point DAY if that occurs...a surprise would be anytime BEFORE the scheduled meeting this month... in any case trade this rally, it'll be a duezy........:>}