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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (112611)	5/25/2000 3:12:00 AM
From: Charles R	Respond to of 1575517

Scumbria, <If I don't see some signs of remorse from the Fed in the next two weeks, I'm getting out of the market.> Well, you have a plan. Let's check back in two weeks. Good luck and goodnite. Chuck

To: Scumbria who wrote (112611)	5/25/2000 12:01:00 PM
From: chic_hearne	Read Replies (1) \| Respond to of 1575517

Re: If I don't see some signs of remorse from the Fed in the next two weeks, I'm getting out of the market. Scumbria, LOL From the tidbits of this mornings economic data I caught, things look to be stronger than ever. Your fear seems to be that wealth is being destroyed by the Nazdaq crash, is that right? Along with this, people are spending less? If this is true (which it's not) you should see the unemployment rise very quickly. I'm not saying by a lot, but even .1 or .2 percent. The GDP should also slow then, but that data shows up later. So, I think the fed will be looking most closely at unemployment since those stats come out frequently and it is one of the quickest stats to come out (GDP is much more complicated to compile, IE a small delay). As long as unemployment is at a 36 year low, look for more hikes. If it goes up a fraction, I see the fed standing still. If it goes up drastically, the fed will cut. If unemployment stays low, the economy is still booming and there's no reason to get out of the market. Do what ya gotta do though... chic PS- What the heck is going on with AMD this morning?