IPOs: Too many, too fast, to little buyers? Message Board

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Technology Stocks : IPOs: Too many, too fast, to little buyers?

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To: Mad2 who wrote (76)	7/16/2004 5:48:49 PM
From: RockyBalboa	Read Replies (2) of 84

Hello, m2. Doing fine here, despite markets are a bit rough, in particular today which was one of the nastiest expiration days i witnessed for a long time. I'm actually now a bit surprised that the economic data is still so weak, job creation timid, evidently no visible inflation, despite all the stimulus brought in by the fed and the goverment as tax gifts. Its quite fitting that the dollar index makes new intermediate lows and the bond yields are still at really low levels (30 years treasury at 109.5) given the interest rate hike mode. It is cynic that the news of an unexpectedly shrinking US trade gap (as reported last week) didn't help the dollar as it supposed to do..., but rather underscores the weak domestic demand. And things started off in the other direction.

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