STORM2K

Posted: **Tue Apr 20, 2004 2:38 pm**

http://money.cnn.com/2004/04/20/markets ... tm?cnn=yes

Wow only a few words can move the markets one way or another (-123 points today) but the words from the man who directs the monetary policys the investors always have to hear what he says and they didn't like the interest hike too soon aparently.And this selloff of the market came at the last hour of trading.

Posted: **Tue Apr 20, 2004 4:17 pm**

if the economy continues to expand, interests rates have to go up. its not a bad thing

Posted: **Tue Apr 20, 2004 6:05 pm**

True, but I think it's still way too early to do so.

Posted: **Tue Apr 20, 2004 7:36 pm**

not at all. they have to go up with an expanding economy

Posted: **Wed Apr 21, 2004 7:27 am**

They do have to go up with an expanding economy, but we have to give it a chance to really get back on it's own two feet. The Iraq war is still troubling and once the interest rates go up, so does the cost of investments, etc.

STORM2K

Greenspan hints of interest rate hike tumbles wall street

Greenspan hints of interest rate hike tumbles wall street