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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 39.99-0.4%Oct 31 9:30 AM EST

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To: William Hunt who wrote (26838)3/20/2001 12:56:18 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Bill. Re: White House calls OPEC production cut disappointing.

I would call it a bit more than disappointing. But then I don't have to be diplomatic. At least Saudi Arabia said it would not go along with an oil price higher than 28 dollars. A bit steep when you consider how world economies doing right now. But, beggars can't be choosers. We have to produce more of our own energy needs. The last 8 years with no energy policy is coming home to roost.
CA in trouble now, maybe the East Coast etc. later. We could be paying through our noses for ANY energy used. My utility bills have more than doubled.

dailynews.yahoo.com

FED. A majority had been calling for 75 basis points, but then today it looked more again like 50. But then I am hearing that the FED is debating between 25 or 50 basis points. I personally would like to see AT LEAST 75. Heck, the FED was mainly responsible for the downfall of the stock market with all those interest rate increases. So let them undo the damage now in a hurry. Who needs a recession? I listened to FOX news tonight: The O'Reilly Factor. Pretty interesting. Maybe it can be read on the net somewhere.

Nice rally today. QCOM performed well for you. Talking heads are already seeing a down market tomorrow if the FED does not cut by more than 50.

Sonny
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