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[PEN-L:307] Re: One quarter of one point



Max Sawicky wrote,

>news reaction down here to the Fed
>action was enthusiastic.  The local
>news played up the move for all of
>its economic benefits to average
>folks.  You can spend more, you can
>afford a new house, etc., and all
>this will come pretty soon.


Yeh sure, and I s'pose the enthusiastic spin crowd just couldn't wait to
call their brokers.

Regards,

Tom Walker
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