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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (82481)7/20/2000 8:36:17 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
The markets were up today because AG wasn't making noises about raising interest rates, but if you look what is going on with the money supply, there is definitely a steady deceleration at work (scroll down to the precentage figures):

bog.frb.fed.us

This might be viewed as a stealth tightening. Last time this happened it led into the late 1998 scrunch.



To: Knighty Tin who wrote (82481)7/21/2000 11:43:17 AM
From: Jeff Leader  Read Replies (2) | Respond to of 132070
 
Because of the massive dumping Intel and TI have been doing and the runup of MU's price MU-bullish fund managers must already be sitting on very large MU positions. It will be interesting to see how much more they are willing buy. TI still has plenty left to sell. Also MU's 2001 FQ1 will face a pretty tough previous-year comp.


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