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

To: Gottfried who wrote (14455)	4/13/2004 5:56:33 PM
From: Donald Wennerstrom	Read Replies (2) \| Respond to of 95834

<<Ridiculous - if the market really looks ahead then the fact that a 1% Fed rate is unsustainable should have been priced in long ago. Nothing is more certain. And, we're not talking great jumps in rates either.>> Gottfried - I think you are "right on", 100 percent. And I think the market deep down knows better, but it really got "spooked" today. As you pointed out, I can't believe that was the real reason for the selloff today. I can't point to any specific article right now, but I have read several in the last few days and weeks that point out small interest rates increases at the right time would be good for the market. IMO, todays action was completely overdone. I still think the market is going up from here over the next few weeks. Don

To: Gottfried who wrote (14455)	4/13/2004 5:56:56 PM
From: michael97123	Read Replies (1) \| Respond to of 95834

They must think that the fed will wreck the bond market, stock market and housing markets simultaneously with rapid fire increases. The fed governor who said earlier in the week that the fed fund rates could be 3-3.5% with inflation between 1&2% is the cause of this triple threat fear i listed above. Fed needs to make it clear that it will be years before rates rise to 3-3.5 and that increases initially will be gradual so we dont kill the goose. One of kudlows guests today said he expects 6% gdp growth. The numbers are super and unless we are on the verge of runaway inflation, we should be ok. But at this point who the hell knows. The bright people on this thread seem really confused too. Mike