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Non-Tech : The Critical Investing Workshop

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To: Clappy who wrote (8370)	3/20/2000 7:50:00 PM
From: Sully-	Read Replies (1) of 35685

My 2 cents..... - If the FOMC goes 1/2 point, the market will tank, too much me thinks. Old economy companies will wilt under the weight bringing the New economy companies down with it. - 1/4 point is expected. Houses could still use this to scare money out of the NAZ too. Any excuse will do for the houses. - No rate hike will cause the market to fly. Ain't gonna happen. AG has made it clear we have made too much money in the market. He knows no hike, however appropriate this choice may be, will result in the market running hard & long. Nope, rates are goin' up me thinks. I agree with Jim Willie's analysis. The FOMC will make another mistake tomorrow (1/4 point). Watch & listen to the analysts the houses march in front of the cameras afterward & you will get a clue how it will play out IMVHO. I'm not sure the downside is over. Me thinks they want capitulation this time. Besides, I'm sure lots of folks are in or near margin calls after last week & today. My guess is the houses will immediately start ranting about "More hikes to come!" BWDIK w2 FWIW, I am fully bullish on QCOM & the NAZ. I'm just not so sure about the next few days.

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