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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.52-4.9%Dec 12 9:30 AM EST
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To: WTSherman who wrote (9351)1/20/2001 2:52:26 PM
From: semi2000  Read Replies (1) of 10921
 
Thanks for your post,

IMO Mr. GS will lower rates by .25% by jan end. I doubt he will spend all ammo without seeing impact of his change in minds (two points for a line?) and second - Bush keeps talking of tax cut which will eventually get factored in stock market and he won't have to do as much work. In the mean time consumer sentiment will suffer, unemployment will rise and resession will become more apparant. Look at how government is late and probably ineffective in handling CA energy crisis. There is no easy way out of it. And probably GS got what he wanted all along - death of irrational exuberence. I doubt he will rollback all that in hurry

I hope I am totally wrong.

All IMHO
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