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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (10815)3/3/2002 11:42:11 PM
From: Berney  Read Replies (3) of 11051
 
MG, I resemble those remarks. :o)

Great site post on the e-wave thread:

stls.frb.org

Let's see what happens when we get to the end of April or beginning of May and the fed sees how bad the federal revenue stream is going to be this year. The bubble is going to burst. As I'm on the front lines, I'm seeing some horrific numbers for the fed based on the almost total elimination of mutual fund dividends in tax returns. Example: Taxpayer A paid in $68K in estimates for 2001 based on their 2000 tax liability. They are getting a refund of $59K with estimates for this year of about $12K. Outflow from the Treasury -- Big Time.

Sorry I wasn't able to play Friday. That was a nice run. Let's see we have a great economy and ORCL and TXN warn after the market closes. Let's see how many of these warnings it takes to crush this robust spirit.

Just a View from the Swamp,

TB
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