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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Jay Durell who wrote (40086)1/4/2001 7:08:09 PM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
Many people are pointing out that too many moves like this are as scary as they are encouraging for investors. It could mean a number of things, but the "talking head" interpretation you'll hear on PBS tonight is that the Fed is concerned about how rapidly the economy seems to be deteriorating.

Just as the Fed couldn't create a "soft landing" by tightening six times in a row, they can't magically make everything ok overnight by easing all of a sudden either.

The market will be discounting opposing forces tomorrow: a trend toward lower rates, and a trend toward lower profits.

I don't know which one will win tomorrow since traders control the short term, but the stock market is going to have to deal with a recession in the medium term.

I'm not looking forward to Dubya's cabinet getting being the ones trying to fix the problem either.

--QS



To: Jay Durell who wrote (40086)1/4/2001 9:16:22 PM
From: James Chun  Respond to of 64865
 
That news along with favor unemployment numbers should help the market in the morning? Now, how much upside we can expect is anybody's guess.
Feds meet again on Jan. 31 and another 1/4 point cut has been rumored but will we see SUNW maintain its support at current levels until then?



To: Jay Durell who wrote (40086)1/4/2001 9:57:31 PM
From: Charles Tutt  Respond to of 64865
 
It makes me wonder whether one of the big banks is in trouble. But it should be a positive for the market.

JMHO.

Charles Tutt (TM)