Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 328.78

+2.9%

Jan 9 4:00 PM EST

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To: Proud_Infidel who wrote (29722)	3/29/2006 2:44:06 PM
From: etchmeister	Read Replies (1) of 95703

The new FED chief is in charge only a couple months; would he hand his little finger they would ripp off his complete arm. I don't believe he's deliberately overshooting and he needs to establish his credibility / predictability. To me it would be worse to make an "easing" comment only to reverse the position down the road and I don't believe he does not understand the time lag for rates to trickle through. It appears that most commodities are responding (for example building materials); however oil once again crept up quietly almost 10% (last week I red Gottfried's "petroleum link" and it stated that oil price is not declining because of anticipation of higher prices / speculation).

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