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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (3991)7/15/2002 11:58:17 AM
From: Return to Sender  Read Replies (1) | Respond to of 95456
 
From Briefing.com: Fed rate cut rumors

Rumors that the Fed might cut rates are giving the market a lift off the lows; rumors apparently emanated from S&P futures pits. These rumors should be taken with a huge grain of salt - stock investors often like to think that Fed policy is conducted for the benefit of the stock market, but in fact the Fed focuses on the economy, and with the economy performing reasonably well right now, a rate cut is unlikely.



To: Gottfried who wrote (3991)7/15/2002 3:23:29 PM
From: Sam Citron  Read Replies (2) | Respond to of 95456
 
OT Looks like consensus is expanding that this a secular 16 year bear market rather than the more typical and benign cyclical 15 month bear. As Ned Davis said, "All bubbles have been followed by punishing secular bear markets..."
online.wsj.com

If true, those expecting final capitulation should get medical advice not to hold their breath.

Sam


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