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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Paul Winston who wrote (16801)10/20/1998 12:34:00 PM
From: Cents  Read Replies (4) | Respond to of 18056
 
<OT> Why is there renewed bullishness in the marketplace the last few days? Is it bc of the recent .25 rate cut? If so, had Greenspan announced a 1/2 % cut at the last Fed meeting instead of only 1/2 percent would the enthusiasm still be the same? Why does this recent additional cut mark the bottom for the stock market as many analysts are saying?

I'd appreciate any comments.


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