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 39.99

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Oct 31 9:30 AM EDT

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To: William Hunt who wrote (26840)	3/20/2001 4:43:31 PM
From: Sonny McWilliams	Read Replies (1) of 27012

Bill and thread. Well, we didn't get the 75 basis point cut and the DOW ended at a new 2 year low. Basically I have no idea why the FED did not go 75. Their forward looking statements did not sound that great. As long as they have this outlook they should have cut more aggressively. This makes me put on this excerpt from last night's O'Reilly factor. One more time. Pretty darn interesting. Did A. Greenspan knowingly sabotage the markets by not lowering rates already last year after attacking the markets with high interest rates? Exactly who is Greenspan supposed to look after? Where is the economy heading if the individual investor is losing all of his money? That would def. cause a recession, or worse. What a slow poke FED. Behind the ball this time instead of getting ahead of the problem. The rear view mirror approach is not the right thing to do at this time imo. We know that the FED is not there to save investors from themselves but then they should not knowingly sabotage the markets, like those 2 guys said last night. Former Fed Gramley (sp) was on just now and mentioned there could be an interim cut if things get a lot worse. But why didn't they give the economy a boost? A cut can always be taken back if necessary. The FED never had problems in that department. Blood in the streets. Let's hope some are not losing all of their blood. Sonny foxnews.com

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