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Technology Stocks : Nortel Networks (NT)
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To: Bosco who wrote (9885)2/17/2001 8:39:20 AM
From: William Hunt  Read Replies (1) of 14638
 
Bosco ---Good Morning ---after yesterday anything is good .
I am not as worried about the interest rates cuts as liquidity ( M2 supply ) . As long as that keeps growing we will rebound from this financial shock . Part of the reason for bubble in the market was the extra cash the FED put into the market for Y2K and then took out last year in the first half . M2 is growing a very fast rate since the first of this year :
stls.frb.org

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