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To: SJS who wrote (12543)3/20/2000 2:12:00 PM
From: The Ox  Read Replies (1) | Respond to of 14427
 
Thanks for your thoughts, Steve.

If, as you have stated, Greenie continues to raise rates in a series of moves, the stock market is in for major trouble. I still believe that the moves already made should have been enough to slow things down. This market is very much like an aircraft carrier. Even when the helm is turned, it will take a while for the ship to start turning and even longer to finish the maneuver.

Don't fight the FED.....

EDIT: AMCC dropping like a stone in water.....