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To: abuelita who wrote (33384)11/12/2000 9:53:36 AM
From: bonnuss_in_austin  Respond to of 35685
 
Indeed, Rose <g>/Check this out: Good news?

"Fed Seen Having No Reason to Change Rates"

biz.yahoo.com

<<snip>>

After next week's meeting, Fed policymakers have just one more session in 2000, on Dec. 19. And at least some analysts see a possibility the FOMC will drop its rate-rising bias before year-end.

That hope is heightened by prospects that whether Republican nominee George W. Bush or Democratic nominee Al Gore
eventually becomes president-elect, neither may be able to introduce sweeping economic reform like broad tax cuts or
increased spending in a tense Congressional atmosphere.

Salomon Smith Barney, in a weekly analysis on Friday, said next week's meeting ``will be the last at which such an inflation bias is retained, if in fact it is retained.''

The Citigroup unit added: ``To the extent that political events have lessened chances of significant fiscal relaxation, Fed officials may have one more small degree of freedom to relax policy themselves if current financial conditions persist and the slowing in demand intensifies early next year.''

________________________

Is this really good news or am I grasping at straws?

'b-i-a'
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To: abuelita who wrote (33384)11/13/2000 10:19:06 AM
From: bonnuss_in_austin  Read Replies (3) | Respond to of 35685
 
Well, another day, another dollar <g>

I just sold AMAT. Cap preservation and all that.

Otherwise, I'm wondering if election uncertainty may be starting -- emphasis STARTING -- to be factored into the market.

On another subject, received a "forward-of-a-forward-of-a-forward" from an email friend ... the sort some folks get off Prodigy, etc and send 12 emails a day to everyone they know <g>; so you end up seeing things from three years ago 16 times as new people get online and become fascinated with the ability to send jokes, etc ...

This one did give me a chuckle:

An Israeli doctor said, "Medicine in my country is so advanced, we can take a kidney out of one person, put it in another and have him looking for work in six weeks."

A German doctor said, "That's nothing! In Germany we can take a lung out of one person, put it in another and have him looking for work in four weeks."

A Russian doctor said, "In my country medicine is so advanced that we could take a half a heart from one person, put it in another and have them both looking for work in two weeks."

The American doctor, not to be outdone, said, "Hah! We are about to take an asshole out of Texas, put him in the White House and half of the country will be looking for work the next day."

_______________________

My source on this one is a Democrat in Southern California, BTW and FWIW.

<g>

'b-i-a'
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