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Strategies & Market Trends : Three Amigos Stock Thread

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To: James Strauss who wrote (8450)9/7/1998 4:43:00 PM
From: Sergio H  Read Replies (1) of 29382
 
< look at the overseas rallies just based on the possibility that the FED will lower rates... Greenspan's words were no accident... It was a political statement meant to calm and stabilize world markets... It seems to have worked...>

I agree Jim and well said, BUT that is not justification to lower our short term rates. Our economy simply does not need a rate cut. BTW Did you happen to notice that Intel's earnings forecasts were revised upward ?

Sergio
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