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mryj2000
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Be cautious of an 1 percent IR raise.
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glassman
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if they do that we are in TROUBLE
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mryj2000
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quote:
Originally posted by mryj2000:
Be cautious of an 1 percent IR raise.

So I think about light position till next weekend.


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mryj2000
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the post FED effects will come out tommorow.

I think the IR hike will hurt no profit or high debt/book company. And of course, foreign company in US(for currency reason)

[This message has been edited by mryj2000 (edited December 14, 2004).]


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mryj2000
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Wording leaves door open to February hike: Derrick By Rachel Koning
CHICAGO (CBS.MW) -- The Federal Reserve's acknowledgement that U.S. interest-rate policy is still accommodative points to another quarter-point rate hike in February, said John Derrick, director of research for U.S. Global Investors. "They'll probably go 25 basis points in February," he said. "That's the measured pace the Fed is talking about."

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