Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jeff Jordan who wrote (118493)	12/8/2000 10:08:07 AM
From: Dave Gore	Read Replies (1) of 120523

Jeff, may be too little, too late (for the intermediate term, though). A bias change is more psychological than anything else and even if they were to ease on Dec. 19th (which almost no one is expecting), that won't do a lick to help this quarter's earnings or even next quarters. It takes a while for the effects of an ease to manifest itself. Also, now that everyone EXPECTS the Feds to be accomodating, the Market might not rally much, if at all, on the news. Kind of like the reverse of what INTC and the SEMI's are doing today. Bad news and they go up. Reality of earnings results or warnings may override all.

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