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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.16-2.9%Oct 30 3:59 PM EDT

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To: William Hunt who wrote (26922)5/17/2001 2:03:42 AM
From: Sonny McWilliams  Read Replies (1) of 27012
 
Bill. Re: Energy and interest rates.

Let's see what the administration puts forward on energy on Wednesday or Thursday. Couldn't be worse than no energy policy.

Rates. Finally. The yield is not inverted anymore and mortgage rates should come down some after this latest interest rate cut. 250 basis points since Jan. is nothing to sneeze at. The FED is doing its job now. Still, things could look better if they had not raised the rates for so long and then started cutting them too late.
The saying is: Don't fight the FED. So now that the FED is cutting, I guess we should be buying. Too bad I did not heed this saying when the FED was raising the rates that much.
Darn this EMLX. Got away from me this time around.

Sonny
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