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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Paxb2u who wrote (14098)	11/12/1997 5:47:00 PM
From: Joe S Pack	Respond to of 50167

Thread, Here is a very logical reasoning why market tanked today. NEW YORK (Reuters) - The Dow Jones industrial average lost more than 100 points in late afternoon trading Wednesday on disappointment the market did not rally on news that the Federal Reserve decided to keep interest rates unchanged. On IMRS: I own 9 Jan 30 contracts. It is a leading Y2k player with more than 250% rise in revenue in teh last quarter and they fully booked. Infact they are in a position to pick and choose contracts as they don't have enough man power. They are going to hire a few hundred people. With all these news, the stock still tanked. Who knows why? there is no sensible answer to all these actions IMHO. All the best. I just added a few hundred AMAT shares to cost dollar average my holdings. -Karun