America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Crystal ball who wrote (23737)	6/23/1999 9:50:00 AM
From: Tunica Albuginea	Read Replies (1) of 41369

Crystal ball, stopped out at 112 yesterday. I will stay in cash though. Not ready to go back in. I think people are afraid of what the Fed will say about the future. We cut interest rates 3X last Oct to save the world ( at the risk of inflating ourselves <VBG> ); now the world is saved and thus, ironically, that will inflate & harm us. So it is time to take more bitter medicine to cool things down. How much bitter medicine will it take to slow what Abby Jo Cohen called ,"this super-tanker", the US economy? I find it very interesting how our leaders have glibly volunteered Americans in all kinds of "save the world" projects, often with very mixed and unwanted results, TA

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