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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (25435)	10/17/1998 5:24:00 PM
From: Big Bucks	Respond to of 70976

G, There are a lot of "what if" scenarios that could be ascribed to this market. I prefer deal with "known" influences that will contribute to market movements longer term. Short term the rate cut is very good for traders/speculators looking to make a fast buck, longer term, I view the rate cut as a shove on the rudder to negotiate around an obstacle. The question is, was the shove hard enough to avoid the obstacle entirely or will we still feel the shudder of a glancing collision? Is the obstacle too big to avoid or is the best we can hope to do is to minimize the damage of a head on crash? Regardless, the US economy will continue to feel the influences of foreign weakness, there is no way to avoid that. Just my opinion, BB