Adobe is it ready to move up? Message Board

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Technology Stocks : Adobe is it ready to move up?

ADBE 339.18

+0.4%

Oct 30 3:59 PM EDT

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To: Joan Osland Graffius who wrote (43)	7/5/1996 9:28:00 AM
From:	of 89

Well, you (and everyone else) were right. Rates remain unchanged, but... after todays unemployment report (hourly wages up 9c, biggest gain in 31 years) I think that the Fed has no choice but to raise rates in August. In hindsight, they should have raised rates Wednesday. Going to be a bloodbath today (yield already at 7.10, S&P Futures down 9.5 points) and will probably continue into Monday. The big question: Will we see buying on the dips, or selling on the blips?

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