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Re: chris_si post# 73

Monday, 08/20/2001 3:13:11 PM

Monday, August 20, 2001 3:13:11 PM

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Looks like tomorrow, with BTB and the FED, is a "pivot" day. Could be up or down quite a bit in the days that follow.

A 0.70 BTB would be a positive. Would a 0.25 cut be positive? Or will the Fed need to issue some kind of "recovery" statement to turn things positive.

With the weak markets, I can't see the Fed doing anything negative, but stranger things have happened. Like in March of this year.




GT

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