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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.90-1.1%10:18 AM EST

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To: Yaacov who wrote (26636)10/18/2000 12:42:49 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Yaacov. No. We are not afraid to blame things partly on AG's interest rate hikes. But inflation came in a bit higher this morning. I contribute this inflation mostly to energy costs and the drop in stock values to interest rate hikes and maybe a hard landing of the economy now. But maybe the jury is still out. I give it some more time. With those numbers this morning A.G. will probably not be inclined to give us lower interest rates soon.

But if prior things come true, the bond market is telling us that stocks look pretty good now. So, maybe there will be some more buying coming in. It has done this btw since you wrote your message.Let's hope things will stay that way for the rest of the day.

I was up late last night listening to all these after the debate debates and therefor got a glimpse of those ugly futures. I somehow could not sleep too well then and awakened pretty early to give it another look. Wow. The futures were even more ugly. Who can sleep with this scenario? I was almost ready to throw in the towel (you know what they say if you cannot sleep with your holdings) but got saved by the bell or let's say by the comeback of the market. gg.

More about Intel etc. in my message to Greg.

Sonny
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