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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%Dec 10 3:59 PM EST

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To: williet who wrote (42185)12/13/1997 1:22:00 PM
From: Tunica Albuginea   of 186894
 
Williet, Re: "The FED will LOWER interest rates at the Jan meeting and that will be the stimulas that send the market above 9000 and off to 10,000 by 1999.".

I agree and disagree.

Disagree: I don't think the Fed will ower interest rates because THEY HAVE NO CLUE as to what lies ahead and how to measure it.( Read yesterady's excellent editorial in the WSJ by Editor Claudia Rosett , " Greenspan's dilemma ", ( still on your news stand, worth buying and clipping ), one of the best I 've seen all year.

Agree: I think interest rates will be defacto lower because of low inflation and lower demand for money from Asia and gun shy consumers; Bonds will take off and stocks will take off, ....until Feb,
when we'll get back to " worrying again ". This has been a manic-dpressive bull market from the get go 1990, and will remain so until it ends. Get used to it, and get over it !!!! < GGG >.( just kidding ).

TA
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