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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (32086)6/27/2000 2:35:00 PM
From: Peace  Respond to of 50167
 
Twick,

I don't think too many big tech companies have warned . On the contrary pre warnings are running lower than in previous quarters. Earnings are going to be great overall. I think the market is more concerned about the future direction of fed. Once it is clear that the fed is done tightening we will move higher. OTOH the economy may surprise us and stay stronger forcing the fed to continue tightening. My guess is that we will see no more rate hikes BTWDIK.

Peace


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