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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.16-2.9%Oct 30 3:59 PM EDT

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To: William Hunt who wrote (26915)5/11/2001 12:50:37 AM
From: Sonny McWilliams  Read Replies (3) of 27012
 
Bill. Fed. They have lost it. They def. need new blood on that board.

What a surprise today. A Central European Bank rate cut today. Too bad it was only 1/4 point. But better than nothing. This helped the DOW but the NAS lost some more. Maybe things will look up next week again if the FED cuts another half point. Maybe a bit more. What we don't need is only a 1/4 point cut.

Bush should nominate Kudlov to a FED GOV position. I still believe those high interest rate hikes by the FED had a lot to do with the demise of this economy. The economy seems to be coming around a bit but I am not sure if we are out of the woods yet. This energy stuff is worrisome.

Sonny
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