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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 38.33+3.5%Nov 5 3:59 PM EST
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To: Frank Ellis Morris who wrote (26765)1/23/2001 3:40:41 PM
From: William Hunt  Read Replies (1) of 27012
 
Frank ---some thoughts on the market and the government :

1)Wish they would leave the tax cut idea alone and pay the national debt off . It the fairest impact on everyone . If you give a tax break it seems that you have to give it to the people that are not even paying taxes . The last comments I heard was that only 50% of the people that work pay taxes so why do the rest deserve a tax break ?
2)The FED has really put themselves behind the eight ball ---looking for .50% rate cut January 30 and another .50% rate cut in March . They destroyed the one asset they had ---productivity . Now they will have to overcut rates in order to get the economy moving again . Funny if they had left the economy alone their would be no need for tax cuts . What a poor job they have done this past year and a half .

3)Lokking to learn as much as I can about this brusing year we have been through .I have created a file with thoughts and ideas to review each month on the market and stocks to have an idea when to buy and sell . The long term stradegy of buy and hold is bulls**t . We need to be aware and take profits when we can ---the last year definitely proved that idea

BEST WISHES
BILL
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