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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Ziebarth who wrote (45126)	5/23/2000 4:39:00 PM
From: Frank Ellis Morris	Respond to of 74651

""Those FEDs are doing us in. A very unclear picture of the future for all of us at this time. Or maybe too clear. I guess they are trying to make us poorer so we end up all in the same boat. <G>. BTW. 3 FED members appointed by Clinton supposedly out voted Greenspan and gave us a 50 basis point rate hike. So, it's not just Greenspan. Some of those hawks at the FED are worse than Greenspan. I understand that those same FEDs wanted to raise the rates the time before by 50 basis points. On the other hand, it could just be those talking heads all over the papers and on TV today that drove this market down today. Maybe some funds and the houses are reducing their exposure to techs. The bond market looked pretty good yesterday and it looked like we may not get a hike at the next meeting. It still may not happen but then the talk is maybe in August and that's it for this year. I have to study later this evening what brought all this stuff on. Not a good sign that the NAZ ended at a new low for the year<< The above post was made by someone who has a greater understanding of what is going on than you and I so maybe you should read the post again and think about it. That is the only topic and focus everyone should be talking about now. Got it??? The Federal Reserve Board needs to be shaken out and replaced by responsible leaders and not those who are bent on destroying the nation's economy. I am ashamed of everyone fo them. Frank