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Strategies & Market Trends : Evaluating Rumors and News Along With T/A and F/A -- Ignore unavailable to you. Want to Upgrade?

To: marc chatman who wrote (57)	9/23/1998 12:40:00 PM
From: Susan Saline	Read Replies (1) \| Respond to of 141

maybe a stupid question here ... but ... if he lowers the interest rate .... is that a good thing or a bad thing for bank stocks?

To: marc chatman who wrote (57)	9/23/1998 12:41:00 PM
From: Capt	Respond to of 141

I have a hard time deciphering his speeches so I just watch the tape. <gg> He enjoys speaking in riddles so much that recently, Rubin had to interpret for him.

To: marc chatman who wrote (57)	9/23/1998 12:53:00 PM
From: Wayners	Read Replies (1) \| Respond to of 141

He'll be subtle alright such that only those that understand Fed Speak will be able to interpret it. Fed Vice Chair yesterday hinted at a rate cut, thus feeding the speculation today. I think there is so much uncertaintly that such news is only partially discounted in resulting in the run we've seen thus today. My conclusion is that it is not a sell on the news opportunity. It could be a sell if Greenspan doesn't say something about the possible affects of the global slowdown on the U.S. economy.