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Technology Stocks : VeriSign (VRSN) -- Ignore unavailable to you. Want to Upgrade?

To: MSB who wrote (681)	8/30/1999 1:25:00 AM
From: gao seng	Read Replies (1) \| Respond to of 1285

This is the same article techstocks.com Seems like two rate hikes should have had some affect on the market's entusiasm. Since it has not it is my guess there are huge amounts of international monies coming into the market. I do not think 5 increases will cause any pain, unless these outside monies are prevented from coming in and inflating our markets. It is good for a while, but in the long term this air has to come out. But I think Greenie has been compromised. Rumors of his early retirement coupled with Fed statements that they are concentrating on cpi as primary indicator signal that a high school freshman economics student is now at the helm and that monetary and fiscal policies are now thoroughly politicized. What this means is that there is no one willing to stop the monies coming in, even though it would the wise thing to do. While this may be crazy talk, it certainly is mild compared to what the gold bugs are discussing as to why the decline in gold prices! I am long now, but keeping my ear to the ground listening for bears.