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To: Ron McKinnon who wrote (22006)	1/31/2000 9:05:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

What a rally in big Telcos today: charts are looking like banks did, retailers and airlines do: quote.yahoo.com Ya Ron, classic T/A pattern today. This whole thing about rising interest rates, imo, is pile of hooie re: tech stocks and nets. And is an excuse for market to correct some of the excesses of oct-dec. The fed will raise rates because the economy is so strong. Yet, it is not runaway, and we have the big G at the spigot, plus he's learned how to jawbone the market and the bonds to do what he wants. Strong economy means lots of jobs and demand for latest technology. Think tomorrow's 1/4 pt rise (perhaps 1/2) will be a non-event. jmho. larry