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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (112546)5/24/2000 10:46:00 PM
From: Jim McMannis   of 1581437
 
RE:"AMD should be trading well over $100, but the Fed is dragging us down into the mud. I am baffled why everyone on this thread is not livid"

First of all the FED is supposed to be independent of the government.
As for the government, a lot of people have been livid for 8 years now. I guess it took a hit to the wallet to wake some people up.
I remember how the fixed income set were livid when AG lowered the rates they could get on their CDs. Can't make all the people happy all the time I guess. <G>
Sorry that you have lost 45% of your profits but the stock market is risky and options are a whole lot riskier.
I know you don't want to hear how 600% is still good.
On a more positive note, I think the market will dip for the last time in mid July, late June at best. Assuming a 1/2 point hike in June and another in August.

Jim
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