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To: GVTucker who wrote (163356)12/19/2000 3:26:28 PM
From: OLDTRADER  Read Replies (1) | Respond to of 176387
 
Stick around baby!You are about ready to see the big "D"!



To: GVTucker who wrote (163356)12/19/2000 3:42:38 PM
From: TigerPaw  Respond to of 176387
 
That still doesn't change the fact that inflation is a risk
As one who came of age, and thereby learned economics in the 1970s, I can say the psychology of that type of inflation was to borrow and buy now, then pay it off with inflated money. Twenty years later many people have not broken that habit. If we could run a generation without inflation and deficits our country's economics would be better off for several generations following.

TP



To: GVTucker who wrote (163356)12/19/2000 4:35:08 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 176387
 
Arthur, the closet Alan, gave one reason why insanity is preferred to reason today:

``The drag on demand and profits from rising energy costs, as well as eroding consumer confidence, reports of substantial shortfalls in sales and earnings, and stress in some segments of the financial markets suggest that economic growth may be slowing further,'' the FOMC said in its post-meeting statement.

U.S. stock markets initially gave up much of their pre-meeting gains after the news, with the technology-laden Nasdaq plunging briefing into negative territory, but they rebounded much of the way back just minutes later.

``This is exactly what we expected. This is good news. The Fed is moving in the right direction and clearly signaling interest rate cuts in the first quarter of next year,'' said Arthur Hogan, chief market analyst at Jeffries & Co. in Boston.


a) Which market was the writer looking at reference the "rebound"?

b) "This is good news." I like myself. I work in Boston. I like it when stock prices fall. I like depression. See Alan run. See Alan ruin the economy. This is fun. I like children's stories. See those short stocks make more money. See them laugh.

If IDC's data is correct, someone is selling PCs. You can't have 19% YOY PC growth without someone selling a PC somewhere.

biz.yahoo.com