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Technology Stocks : Dell Technologies Inc.

DELL 137.53

-1.0%

11:51 AM EST

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To: JRI who wrote (137992)	7/28/1999 10:58:00 PM
From: Sam Bose	Read Replies (1) of 176387

John, You make great points. Problem is that the talking heads are now laying the scenario that the Fed will definitely raise rates at least one more time this year, probably not on August 24, but in the October meeting. How the hell they can say this now without looking at the myriad of economic reports coming out before then beats me, but they sure are saying it. Of course what they will succeed in creating is uncertainty in the markets, like we really need more uncertainty. Not to mention that raising rates in October will result in another fabulous October crash. Sometimes I wish naively that the Fed should just go ahead and preemptively raise next month and get it out of the way. Then the coast will be clear for the rest of the year thru next spring. My money however is on your scenario for year-end. I see rates coming down for exactly the same reason. I'm standing firm with you, buddy. <G>. Sam

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