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Zeev Hed

10/23/03 10:53 PM

#164446 RE: Joe Stocks #164445

They do not (and cannot) select the sector they influence, the market does. Sure flooding the economy with liquidity does impact the stock market positively, but that is not the reason for the flooding, the reason is engineering a soft landing from the bubble days, so far, they have done a superb job as far as that is concerned.