Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: Amy J who wrote (178800)	7/22/2004 10:33:49 AM
From: The Duke of URL©	Read Replies (2) of 186894

What is up with this market? Tech got slammed today. Geez My guess is that the Fed has pumped too much money into the single family dwelling market over the last 5 years. To correct this, I would think the Fed is stepping on the money supply to reduce liquidity. This will constrain the stock market in an obvious manner. Someone with access to these figures may be able to confirm this. Meanwhile, the effect of this unfortunate occurrence of diverting money from a productive area of the economy to a non productive one, effects the stock market. Or as we say in Technical terms, Pigeons coming home to roost. The idea would be to do this after the election.

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