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Technology Stocks : Compaq
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To: Night Writer who wrote (90779)4/19/2001 3:06:58 PM
From: MeDroogies  Read Replies (1) of 97611
 
I'm with you. The good Cap'n is well known on his views.
I think AG made one mistake with the last rate increase...but other than that, he's been fine. So far, his decreases in the rates have been timely (though I wish more aggressive) and well handled. Yesterday's was a stroke of genius, IMHO.
We are at a floor in the market, I think. More decreases to come, and when the discount rate is back at 3, the next bull begins, because interest rates will essentially be zero to negative.
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