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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Kevin K. Spurway who wrote (25384)10/30/1997 11:06:00 AM
From: James Yu  Read Replies (1) | Respond to of 1579959
 
To All,
Greenspan's testimony was a very clear for the coming FOMC meeting
(November 12) which will not raise interest rates soon. Where the stock markets go? Where the money go? Go to the bond markets? Today's 30 year bond yields 6.162%. I don't think MMs are stupid pulling the money from stock markets to buy bond. How about invest foreign countries? So far, there are no safe places to put the money. The only way they can go are back to stock markets. If the stock markets dip in recent days, I believe it is a golden opportunity to buy the stocks. Be cash ready to buy(separate for three times to buy in different dips) the stocks and at the end of this year I think everyone will make a lot of money.

Best wishes

James