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To: JDN who wrote (79390)3/11/2000 10:26:00 PM
From: Night Writer  Respond to of 97611
 
I think Kumar doesn't know what he is talking about. He is hyping tech stocks by scaring the DOW out of people. Heck even the biotecs are being hyped at this point. I saw a person on NBR last week state "The biotecs could save your retirement account and your life." Since then they have done nothing but go down. Sorta killed my biospeculation temptation.<G>

I posted that article because of the CPQ money flow comment.
NW



To: JDN who wrote (79390)3/13/2000 8:55:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 97611
 
AG has several other items to be concerned about than just the strength of the dollar. If, as his indicators seem to say, inflation IS a real threat, then he MUST raise rates in order to keep this boom going without serious overheating.
Personally, I think that Kumar is wrong and AG will see by mid summer that the boom is slowing sufficiently (and inflation non-existent) that by mid-Aug (when investors tend to sleep) he will lower rates.
I'm betting that by Dec., rates will be lower than they are today.