Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?

To: Roy F. Baker who wrote (35490)	6/13/2000 8:06:00 PM
From: allen v.w.	Read Replies (1) \| Respond to of 40688

Good points Jack. Tomorrow's CPI number is viewed as critical in the overall inflation picture. All of this micro investigating of every number that comes out on the economy is all leading up to the FOMC meeting at the end of next week. Will the FED raise interest rates one more time or not? Will they raise interest rates 1/4 point or 1/2 point? We believe that it really doesn't matter. As long as the FED does not raise interest rates more than 1/4 at their next meeting stocks should trade well, and the Bull market should come back. Stocks are still cheap and there is plenty of time to participate. The market was quite soft early today and came back after Alan Greenspan's mid day speech on productivity. If the CPI numbers come out soft tomorrow we should have an upward bias for the remainder of the week, but no major breakout until after next week's Fed meeting.