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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: Tony Viola who wrote (9020)1/28/2000 3:35:00 PM
From: JDN  Respond to of 17183
 
Dear Tony: I mean tuesday all at once. Cant believe you havent heard people mentioning that. Again though I think its the bias thats most important. .25 and a neutral bias and this market would take off again. .25 and tightening bias and its a long year ahead. JDN



To: Tony Viola who wrote (9020)1/28/2000 4:12:00 PM
From: JDN  Read Replies (1) | Respond to of 17183
 
Dear Tony: Ok, I have checked around. My sources still feel that .25 is the most likely raise at the FOMC meeting. Also, the good news is that the NASDAQ has dropped about 10% from its recent high, did that a few weeks ago, this drop will likely not exceed 15% and then come back as before. Reason it will not go as deep as some feared is because believe it or not interest rates are actually going down at the moment. Reason it will come back is because the high techs really do have decent earnings and decent year shaping up. No Asian contagion or anything like that around. So, cheer up we are 2/3's there. haha. JDN



To: Tony Viola who wrote (9020)1/29/2000 9:29:00 AM
From: Jimbo  Read Replies (1) | Respond to of 17183
 
AG has a history of taking the slow and steady path --- look back on the history of his tightening usuall 25 basis points. I think that is what we will get. More to come in March perhaps.