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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Jorge who wrote (95019)2/5/1999 8:36:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Wht is good for 'Main Street' in not all that good for 'Wall Street'!

Jorge:

Some worry that the U.S economy is growing too fast and that
the Fed may raise interest rates if it continues and that the growth may fuel inflation and a price war at the lower end of the chip biz was what happened yesterday,

I guess was we need now is some indication that the U.S economy is slowing down to allay the fears of these guys,sheeeesh. It is a strange phenomenon but sometimes good economic news is bad for the market as evidenced by yesterdays action.Like they say what is good for main street sometimes bad news for Wall Street.

May be if we can get a bad emoloyment data,that would help the market,doesn't make sense logically but since when is logic has anything to with it in the market right?<g>