SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.52-0.3%Jan 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (18356)6/23/1999 9:18:00 PM
From: Michael Watkins  Read Replies (1) of 99985
 
Heinz,

I can tell you understood what I meant by my post about the Fed wanting to be proactive. But something you said tweaked my "chicken/egg scenario generator".

Michael, the Fed is already reactive inasmuch as it is following where the bond market is leading

Does the Fed react to the bond market or does the bond market lead (expect) where the Fed is heading?

I've always assumed the latter, but I bet there are situations where one pillar or another may need propping up from time to time, and where the dance leader may vary.

1/2 point? that would sober up the market for sure.

Ah, call me a dreamer, call me greedy, just don't call me Al.

I figure 1/2 point either all in one nasty flue shot or quarter point now and quarter point at next opportunity. I think time works against them, if they want slack for later deployment - who really knows how Y2K will play out - they need to take it up well before the event.

Since I'm in the mood for a big sale I'd love to see .5 this month. Of course, wouldn't you know it, my internet order form for the FOMC-REQUEST-A-RATE seems to be on the fritz! ;)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext