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Market expects a cut, I think the Fed would have been busy getting any
contrary word out to avoid a major surprise which might destabilize markets.
So I think we'll see a cut and we'll see a sell-off in spoo either way.
Earl
-----Original Message-----
From: sptrader <sptrader@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, November 17, 1998 11:49 AM
Subject: Re: FED
> I think that since the market has come back so strong (Dow 9000) that
>Greenspan will hold off any changes.
>Just my guess- of course.
>Steve
>-----Original Message-----
>From: Jim Holbrook <dinky@xxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Tuesday, November 17, 1998 11:38 AM
>Subject: FED
>
>
>>Does anyone think that because of Starr's possibly damaging testimony
>>today against Clinton, that Greenspan may come to his rescue with a rate
>>drop?...he has done it before....conspiracy theory
>>
>>
>
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