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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Jenne who wrote (10103)6/14/1999 8:17:00 PM
From: Nelson Chang  Respond to of 19700
 
Your reasoning?

The market is now moving beyond that 1/4 point increase in rates. As strong as the economy is and according to Greenspan's sentiment, they are beginning to believe the 1/4 point is going to do squat for the 800 lb. gorilla called the US economy. To fully stave off inflation, a string of increases will be required. Uh oh...

The CPI will show only one thing. That the US economy is strong - benign number or not. And you know what that means for rates, for the market.

>>>I think the CPI number will be benign.. and there will be a major relief rally to follow<<<



To: Jenne who wrote (10103)6/14/1999 10:38:00 PM
From: AmericanVoter  Read Replies (1) | Respond to of 19700
 
or, it could trade sideways, or drop further till 6/29

best regards

amein