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Technology Stocks : INTEL TRADER
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To: Berney who wrote (10956)8/13/2002 12:58:51 AM
From: smolejv@gmx.net  Read Replies (1) of 11051
 
Hi Berney, you swamp rat:

Been saying all the time "It's the economy, stupid".

>> Yet, an hour after Congress passed the bailout, AG & Co cut interest rates inter-meeting on a futures expiration Thursday<< That was a) unexpected to say the least and b) below the belt.

Re raising the rates - woulda shoulda happen when the industry (aka CapEx) picks up steam. No sign of that yet. So, the housing bubble can stay around, until hitting some pin.

In the mean time, keep your powder dry.
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