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Technology Stocks : Semi Equipment Analysis

SOXX 306.04

0.0%

4:00 PM EST

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To: Proud_Infidel who wrote (17683)	8/6/2004 9:22:19 AM
From: michael97123	Read Replies (1) of 95638

Ever the optimist brian. I think oil at $45 (maybe $50) and anemic job creation is what this market started to predict starting back in january. All the talk of manipulation and program trading missed the point imho. Now the market has to factor in a potential kerry administration which most on wall st. do not want. What kerry says about the economy between now and election day may have some bearing on the market. These numbers are a big hit to the bush reeelection. Mike PS fed should raise 1/4 next tues but announce thats probably it for the year. Let the financial markets no the rate for 4-5 months. That may stabilize things.

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