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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.82+1.5%Dec 19 9:30 AM EST

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To: Sonny McWilliams who wrote (23972)6/30/1999 5:28:00 PM
From: musea  Read Replies (1) of 27012
 
Sonny,

The neutral bias almost seems like an apology for the rate hike. A rate hike should never be based on things like the housing market or the stock market and their supposed inflationary effects. If my stock doubles in value, I have to sell it to realize a gain. If I sell it, someone else has to buy it, tying up his money. Where is the increase in money to cause inflation? Same deal with housing, only it's worse because I also have to buy a new house to live in.

My portfolio, which includes LU but not AMAT, CC or BBY, was mostly up today. WCOM is a good company and is on my study list, even though I "forgot" to buy it when it was around $40. Look out above for the 'nets now, as you say.

-musea
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