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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (90406)	3/20/2001 5:15:39 PM
From: Captain Jack	Read Replies (2) \| Respond to of 97611

Jimbo-- wish I had been wrong but since his last 2 rate hikes I've been expounding on the senility of AG and he reiforces that belief daily. You are correct it will take a catalyst not only to turn the mkt but to slow the decline. The FED CANNOT stop it---------- it will take real (not reduced) earnings (but not the 70% ones either). It takes about 9 months before a rate increase has any effect. Read that to mean we are just now seeing the effects of the idiots last two increases being reported. So look for next qtr to be crap too. DOW could easily hit 8500 and the NAS 1850 long before the end of Apr... Will that be far enough? Message 15521709