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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (36103)5/22/2000 4:52:00 PM
From: lawdog  Read Replies (1) | Respond to of 77400
 
Fed is looking at inflation in the overall economy, not just NASDUMB value inflation. Hikes will continue. Earnings warnings will be a sign that the hikes have begun to take effect. Then, and only then, when the economy has cooled, will AG stop. Americans are spend happy. Fuel prices are beginning to rise again. Soft goods manufactureres are gaining pricing power. Labor is too tight. Liquidity will be decreased, not increased (for real this time, AG won't just say he's decreaseing liquidity). Only hope is the sad pleas of the European Union, "please, please AG, don't kill our neat little Euro". Tough. If it wasn't for us, they'd all be speaking German, ja?

AG is one mean dude to stockholders of overpriced tech stocks.



To: Eric who wrote (36103)5/22/2000 5:53:00 PM
From: Ibexx  Read Replies (1) | Respond to of 77400
 
According to some WS pundits, the market typically would turn around approximately six weeks before the last interest rate hike. If we assume, conservatively, the last tightening would come by August, then we should see solid recovery around end of June or beginning of July by the latest. The time table could be moved forward if tightening ends in June.

Ibexx