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To: The Phoenix who wrote (35519)5/14/2000 12:42:00 PM
From: Luis  Read Replies (1) | Respond to of 77400
 
dilema then this is a no win situation,the economy is growing at a rapid pace =is bad ,infation,higher interst rates by the fed ,3.9 unemployment is bad too much people working ,hight wages ,hight market indices =is bad too much wealth ext,ext this will cause hight inters rates .then it will be good to slow the economy so the fed raises interst rates .economy is slowing unemployment raise 5.0 lower wages, market indices lower, gdp slows at 1.0 .WAIT HERE COMES A RECECION .spending slows corpoorate profits drops .earnigs drops ext ext ext,dont rally knows what is good or what is bad or waht is worst.excuse my english second language .luis



To: The Phoenix who wrote (35519)5/14/2000 12:47:00 PM
From: Howard Feinstein  Read Replies (2) | Respond to of 77400
 
Gary, don't rely too much on analysts opinions, except for "reliable" sources, as someone like Bill Seidman. Most of them have as good clue as you and I, but they're on financial shows so we believe they're reputable! Second, the FED is on a tightening mission, so don't look for them to reverse their field so quickly, like they did on the 3 decreases last year. They felt they had made a mistake then, but don't now. Again, let's all hope they know what they're doing, because I believe like Larry Kudlow does, on the economy, "if it ain't broke don't fix it!" Very interesting, but shaky days, and weeks coming up! My finger remains on the trigger, but hoping not to pull it! Enjoy Mother's Day!

Howie