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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: RCVJr who wrote (5594)11/12/1997 11:13:00 AM
From: Hitch  Read Replies (1) | Respond to of 13925
 
Very quiet around here today. Picked up a few more shares this morning. Anybody have any feelings about the chances of us seeing a new 52 week high today after the FED announces that interest rates will remain the same?

Good Investing

Hitch



To: RCVJr who wrote (5594)11/12/1997 11:16:00 AM
From: Dennis G.  Read Replies (1) | Respond to of 13925
 
Am I the only one here who's sick to death with this Asian crap?

They claim it's because of their weak currencies but they're blowing off their markets far faster than their currencies are dropping. And I haven't heard that their economies are really that bad. With their weaker currencies, they should be able to export more.

Then we sell off our market because their selling their's in spite of the fact that our economy is strong, there's no inflation, interest rates are low, and corporate profits were as good on average this quarter as they've ever been. All the "knowns" right now are positive for equities. Yet the fears about "unknowns" seem to be in control.

Then to top it all off, the Asians point the finger at us and say they're selling their markets more because we're selling and they're too small to resist. We need to break this cycle somehow.

Dennis