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Technology Stocks : Semi Equipment Analysis
SOXX 345.64-2.0%4:00 PM EST
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To: Donald Wennerstrom who wrote (14453)4/13/2004 5:36:09 PM
From: Gottfried  Read Replies (2) of 95838
 
Don, according to WSJ >Investors ignored upbeat earnings and economic news Tuesday and chose to wring their hands instead over interest rates, as Wall Street's major indexes, along with Treasurys and gold, moved sharply lower.<

Ridiculous - if the market really looks ahead then the fact that a 1% Fed rate is unsustainable should have been priced in long ago. Nothing is more certain. And, we're not talking great jumps in rates either.

Gottfried
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