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Technology Stocks : IFMX - Investment Discussion

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To: AmericanDane who wrote (11873)9/14/1998 1:30:00 PM
From: Charles Hughes  Read Replies (2) of 14631
 
Well, we've had the opening MM rally, followed by the plateau of public disinterest. Now I have a 50/50 shot at having called the day's scenario right, depending on the close. Whether my lottery ticket is actually right though I have no clue. Could be we wait for tomorrow for the down cycle.

I'm keeping cash on hand though, for the possibility that congress will just listen to the people and halt the impeachment proceedings. Or Greenspan lowered the discount rate, rather than the fed funds rate. Either would fire a rally, for sure, gigantic if the prez gets a walk. Cash on hand, but not holding my breath.

Cheers,
Chaz

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