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Bearmove

05/11/04 10:00 AM

#242842 RE: TheProphet #242830

I have news for you, this recent tank has alot more to do with the many negative global factors then interest rates. Interest rates is only part of this story. Smart money is cashing out in front of the June 30th deadline. As for the Fed, they may be doing the correct thing by not raising rates yet. Global factors could in fact slow our economy down during the 2nd half of the year.