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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (4548)1/3/2001 5:47:30 PM
From: Bill Harmond  Read Replies (3) | Respond to of 57684
 
Great, Mark!



To: Mark Fowler who wrote (4548)1/4/2001 12:54:27 AM
From: Libbyt  Read Replies (2) | Respond to of 57684
 
Don't fight the FED shorts time to go Long.

What companies were you buying today? I bought some QQQ yesterday at 54....and I had decided to just hold that until hopefully the Federal Reserve cut the rates. Without a rate cut, there didn't seem to be any motivation to buy any more stocks as a long term hold. I was getting tired of buying "bargin" stocks....and only finding them less expensive the following week! <g>

I read your message (last night?) that said you were going to go into real estate? IMO the negative economic environment is going to influence every business, even real estate....and even real estate in Northern California. The rate cuts today are hopefully just the beginning of more rate cuts as well as tax cuts. Hopefully these cuts and the possibility of more rate cuts as well as tax cuts will reverse some of the overall economic downturn we've started to see lately.

A lot of the breakdown in technology stocks has specifically hurt our California economy, and the increase rate hikes by P.G.& E. is just one more negative pressure for California to have to handle. I am very happy to see the rate cuts today!