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US Market up as of 12 Dec 2007
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philipsim
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13-Dec-2007 05:43
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Should believe the -ve 300 is short term as opportunist attempting to profit on bad news. In fact the quarter point fed rate cut should not be considered bad news because, a rate cut is afterall still implemented to help the economic situation. Thus I should say the positive impact should take a bit longer time to be felt. |
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