Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.59

-0.4%

2:48 PM EST

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To: John F. Dowd who wrote (97390)	1/24/2000 4:48:00 PM
From: GVTucker	Read Replies (2) of 186894

John, RE: Please tell me what went on today? Where is the money going? I'm guessing a big piece of all this is the Fed taking back a lot of the money that they put out in 4Q '99 as Y2K insurance. M3 was way down last week ($67b if memory serves me right), and is probably still going down as the Fed takes out this excess liquidity. I really don't think that it's a coincidence that the market went nuts on the upside in 4Q '99, and now may be in the process of going nuts on the downside.

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