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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.89-0.1%Nov 12 3:59 PM EST

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To: William Hunt who wrote (26051)5/19/2000 5:29:00 PM
From: Sonny McWilliams   of 27012
 
Hello Bill. I am not quite sure if you got my post entirely. I have not been for any rate hikes in a low inflation environment but my thoughts were that if you should find out that your thinking was wrong and some extra inflation should creep in, do your rate hikes then and swiftly. Don't nip a good economy in its butt just because you think people are having a bit too much money. I have always said: Don't fix things if they are not broken.

I don't know if you just listened to Larry Kudlov on CNBC. If you have not heard it you should go to his Website. Come to think of it, I have never checked his site.
Anyhow, he talked about a conspiracy ( I believe that was the word he used) of the FED's 3 hawkish FED Governors to raise rates and bring this economy to its knees (not exact words) Those FED GOV include Larry Meyers and this Gov starting with the letter G. Can't think of his name right now. Something like Grim... gg, maybe Granville. He is always on the tube with a bearish stance. Kudlov said that he heard that Greenspan wanted to go for 1/4 point but got out voted. Kudlov said if these guys get their way, we may be in for a LOT MORE interest rate hikes, maybe even 100 basis points. All 3 FED GOV are appointees by Clinton. But Clinton does not seem to be for nipping the economy in the butt.

If all this is true, we will be in for some rough times. Those FED GOVS could kill the goose that laid the golden egg.

Yeah. I am sure the houses started something, and maybe now they can't stop it because they gave the FED some fuel by going along with their interest rate hikes. And you know how some people act. You give them a little finger and they will snatch your whole hand. gg. Talking about rate hikes now.
Today was double witching but it looks like there is more to this sell off than that. I hope I am wrong. Even some of the bulls think now that we will have another sharp sell off before going back up. I will never understand why things have to go down in order for it to go up again. Why can't it just sit still for a while? Right. No commissions to be made that way.
I am off for the day. Will get back to you tomorrow on the other stuff.

Sonny
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