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To: William Hunt who wrote (25966)5/4/2000 4:27:00 PM
From: William Hunt  Read Replies (1) | Respond to of 27012
 
Sonny ---the volume is anemic --- the houses sitting on the side with lots of cash to buy techs on the cheap . The unrealistic side of this is all the various analysts with their version's of the market and the logic they try to imply knowing it is wrong ( not telling the truth ) . Patience is the hardest part of this market .

BEST WISHES
BILL
PS ---Greenspan will only raised a quarter point ---two reasons ----keep the market in check by not letting it know his intentions ---also He is a has an ego like most and loves power ---Just my thoughts



To: William Hunt who wrote (25966)5/4/2000 8:22:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Bill. I have been at a loss for quite some time what Greenspan is doing. He seems to be fighting everything. We only have one hope and that is that he will stay with 25 basis points. 75% of the analysts think he should raise 50 basis points. It makes you wonder why. There seems to be a tiny bit of inflation creeping in but when you take the diff. between the inflation rate and the productivity, there is really not much there.

I don't think he will raise 50 basis points. I am not sure if Europe could take that. But who knows. Yes, volume is very anemic now. I heard that traders on the floor are tired looking at each other. gg.

Are you writing those posts to yourself on purpose? If it's for the whole thread, you could post it to the thread and then it will show up on our message boards, I believe.

BTW. If the consumer is spending so much, how come the houses are downgrading retail stocks? Something not right in paradise. Maybe it's only the really really rich folks buying a lot. There should not be that many after this stock market debacle. gg.

Thanks for the Msft story.

Sonny