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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Doug Robinson who wrote (94735)	4/26/2000 8:08:00 AM
From: lee kramer	Read Replies (2) \| Respond to of 120523

DougR: All you say is true. Just watch the market. If all or some of this news is "bad" and stocks don't tumble...that's the key. As to Mr. Greenspan raising rates 50 basis points, I don't think so. He major concern for the past two years has been "asset" (stock) inflation. That concern is no more. As to last Friday's "inflation" number that looked so awful...well, it's been my experience over a lot of years that government numbers get "revised." The typical revision ranges between 20-40&. I ignore most government numbers. I feel strongly that while GDP (last QTR '99 was very strong) GDP is a lagging indicator...and I feel strongly that this recent bear market will greatly diminish consumer spending. I simply do not see inflation, so I don't see interest rates continuing to rise. (Lee)