Re: [CANSLIM] what the fed said

From: "NANCY POLCARO" <ZILLAGIRL@msn.com>
Subject: Re: [CANSLIM] what the fed said
Date: Tue, 13 Aug 2002 20:26:09 -0700

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I wonder what happened to the soft landing we were told of when rates sta=
rted to go down?? Is this it?? =20
 =20
- ----- Original Message -----
From: Patrick Wahl
Sent: Tuesday, August 13, 2002 11:48 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] what the fed said
 =20
This was the excerpt Briefing had from the Fed announcement -

"The softening in the growth of aggregate demand that emerged this spring=
 =20
has been prolonged in large measure by weakness in financial markets and =20
heightened uncertainty related to problems in corporate reporting and =20
governance. The current accommodative stance of monetary policy, coupled =20
with still-robust underlying growth in productivity, should be sufficient=
 to =20
foster an improving business climate over time. Nonetheless, the Committe=
e =20
recognizes that, for the foreseeable future, against the background of it=
s long =20
run goals of price stability and sustainable economic growth and of the =20
information currently available, the risks are weighted mainly toward =20
conditions that may generate economic weakness.".... =20


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<HTML><BODY STYLE=3D"font:10pt verdana; border:none;"><DIV>I wonder what =
happened to the soft landing we were told of when rates started to go dow=
n?? Is this it??&nbsp;</DIV> <DIV>&nbsp;</DIV> <BLOCKQUOTE style=3D"PADDI=
NG-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 =
2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt Arial">----- Orig=
inal Message -----</DIV> <DIV style=3D"BACKGROUND: #e4e4e4; FONT: 10pt Ar=
ial; COLOR: black"><B>From:</B> Patrick Wahl</DIV> <DIV style=3D"FONT: 10=
pt Arial"><B>Sent:</B> Tuesday, August 13, 2002 11:48 AM</DIV> <DIV style=
=3D"FONT: 10pt Arial"><B>To:</B> canslim@lists.xmission.com</DIV> <DIV st=
yle=3D"FONT: 10pt Arial"><B>Subject:</B> [CANSLIM] what the fed said</DIV=
> <DIV>&nbsp;</DIV>This was the excerpt Briefing had from the Fed announc=
ement -<BR><BR>"The softening in the growth of aggregate demand that emer=
ged this spring <BR>has been prolonged in large measure by weakness in fi=
nancial markets and <BR>heightened uncertainty related to problems in cor=
porate reporting and <BR>governance. The current accommodative stance of =
monetary policy, coupled <BR>with still-robust underlying growth in produ=
ctivity, should be sufficient to <BR>foster an improving business climate=
 over time. Nonetheless, the Committee <BR>recognizes that, for the fores=
eeable future, against the background of its long <BR>run goals of price =
stability and sustainable economic growth and of the <BR>information curr=
ently available, the risks are weighted mainly toward <BR>conditions that=
 may generate economic weakness.".... <BR><BR><BR>-<BR>-To subscribe/unsu=
bscribe, email "majordomo@xmission.com"<BR>-In the email body, write "sub=
scribe canslim" or<BR>-"unsubscribe canslim".&nbsp; Do not use quotes in =
your email.<BR></BLOCKQUOTE></BODY></HTML>

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