No Panic; Thank you Paine Webber. Lets see $115 Thursday.
I think the panic will only set in if we see 6.5 or close to it, the closer we get to June 18th or June 29th Fed Announcements. gotta love Greenspan's Orchesra today with the bankers, timing is everything.
I think here will be a big surprise at the confirmation hearings at the DIVERGENCE between US Treasury and Greenspan's focus to save Asia.
Write your congressman once and let them know we do not care as much about Asia and Importers, as we do US Manufacturers, US Jobs, US Housing, US Low Interest rates, LET THE US ECONOMY HEAT UP, some one has to pay the air conditioning bills this year, with all the "Open Asia" Hot air. I think we gave enough at Los Alamos already.
GNET and HSAC will not benefit from High Interest rates, GNET's revenues are 70% advertising, and Advertising is the first to go if interest rates crank up, and cut backs are made in cooling off the US Economy, same for extras like cable/Telecom/Subscribers to high speed access DSL etc., we do not need cuts backs now, we need to Rev up, heat up, and prove this is a new economy, not Keynesian anymore.
I am,
Truly yours,
-Crystal ball |
