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Technology Stocks : Full Disclosure Trading

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To: Sam Citron who wrote (8887)4/27/2004 6:56:44 PM
From: Sarmad Y. Hermiz  Read Replies (3) of 13403
 
OT, Sam, really it's just interest rates.

It's simple and I've said it a dozen times. A tiny rise in rates will choke off home mortgage refinancing. Which will remove demand from retail economy.

If employment rises, wages will compensate for the refi-induced demand, and all will be swell. If employment is stagnant, then demand in the economy will reduce, causing further drop in employment.

So let's hope for a good labor report on Thursday.

About your other points, Gottfried won't like it if we carry on a debate here. Anyway, I agree that the country is very polarized. And that is spilling over into stocks. Either buy in spades, or short in spades. Therefore the wild swings.

Sarmad
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