Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 37.91

-1.4%

Nov 11 3:59 PM EST

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To: William Hunt who wrote (26165)	6/2/2000 9:32:00 AM
From: Brian Malloy	Read Replies (1) of 27012

Hello Bill, Wow, the jobs numbers were out of sight. 4.1% the revision will probably be slightly higher especially as they pull out the + up in census workers. The news this week pretty much validates the slow down scenario. The other rate hikes have not hit yet. At this point the fed will probably sit tight in June and observe. Looks like the Summer rally is off to a good start and the four to five day seasonal bullish period here is on our side. Guys like Battapaglia, Kudlow and many small investors are vindicated in their belief that the fed is not properly measuring the impacts of productivity and other "new age" paradigms on the market. We can only hope that we get the soft landing and the Fed has not already choked the economy off. If worse gets to worse, they can take away some of these rate hikes in the fall. About three months ago that was one of the scenarios I laid out if the fed overtightend. The part I like best is the egg on the face of many of the Wall Street clowns. The analyst that over the weekend who said we were headed lower and reduced his stock allocation raising cash for his clients. How can he sleep at night after putting a daggar in his clients back(s)? The clown on CNBC tuesday that called Monday's rally an abberation? Ned Riley and his ill informed comments. Ron Insana and his smirking know it all, I don't care what you say the market is going down bias. Now we all get to sit back and laugh, enjoying our profits. Regards and have a great day, Brian

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