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To: yard_man who wrote (20438)	2/19/1999 8:00:00 AM
From: Defrocked	Read Replies (1) \| Respond to of 86076

Too many questions, so little time.<g> bloomberg.com I haven't thought through all the logical consequences of European rate cuts. The above news gives them another excuse for monetary stimulus however. My basic premise of the prior post is that additional rate cuts will support liquidity-hungry equities but also feed into commodities helping form a base for upward trajectory in prices. Commodity or cyclical stocks should benefit from this. Bonds will suffer as yield curve steepens. Dollar will remain strong. All IMHO of course, with the usual caveats: "past performance..." and "positions taken.."" and " yada, yada".<g>