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To: Mark Fowler who wrote (96945)3/20/2000 6:55:00 PM
From: H James Morris  Respond to of 164684
 
>That depends on what and where you bought...market is going to trade flat for awhile.
Where you bought is the key. There is no pain until any stock is under what you paid for it.
If I was you I'd hang on to mot (even because of the iridium busto), Emlx, txn,sili,yhoo.
Btw
Flat? is that what happened to your portfolio today?
What you call flat and I call down is obviously different.
If U Al does a 50 basis point increase look out below, and move back into the dow.
>Tomorrow afternoon, the Fed is expected to announce its
next hike for the federal funds rate, which is what larger
banks charge each over for overnight money. Virtually everyone
and his brother is expecting the standard quarter-percentage-point
increase. And most expect that that rate hike is also reflected in
current stock prices. But some forecasters wouldn't be shocked to
see a half-point increase. And if that happens, expect some market
turmoil.