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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (87817)1/25/2000 4:40:00 PM
From: JK  Respond to of 90042
 
Tim,
I agree with you. but, I think immediate reaction is sell-off if $.50. But, smart money will be buying on sell-off.
Nice to have you on the site.

JK



To: Tim Luke who wrote (87817)1/25/2000 4:56:00 PM
From: R.E.B.  Read Replies (2) | Respond to of 90042
 
Then I vote for "no rate increase" with a "neutral" stance on the future of the economy. There is no real inflation, there is no reason to raise rates. If the FED will pull their collective heads out of their collective butts, they will realize that wages are not rising, CPI and PPI are the lowest in recorded history and that the ONLY reason the FED has raised rates is to slow down the stock market for fear that all this extra wealth will be spent on goods thereby causing inflation. The idea is so dumb I can't believe most of them still have their jobs.

The FED and Alan Green-turd do not get credit for the properous economy. The American people, technology and worker productivity get the credit.