From A to Zeev" -- SI Sacks Zeev Message Board

STOCKTALK

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.

Pastimes : From A to Zeev" -- SI Sacks Zeev

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (506)	10/15/1998 7:45:00 PM
From: Bosco	of 708

Dear Zeev et al - if we are to believe the explanation, it is b/c the lenders have begun to choke off liquidities to main street due to the uncertainty on wall street as well as inflation is contained [it will be interesting to see a divergence bwtn the PPI today and the CPI tomorrow. If so, one could argue the fear of the japanization of america <vbg> is on the Fed's mind. A guy on News Hour mentioned that the timing was designed precisely against your reaction. If the Fed announced in a down market, it would cause panic - instead of reassurance - in the street. OTOH, since it was announced in an up market, the street would - and did - see it as a pleasant surprise. I've actually mentioned a pre FOMC rate cut to a colleague of mine only 3 days ago - and even tried [unsuccessfully, I regret to say] to bottomfish CCI [once again, pennywise and buckfoolish <SG>] best, Bosco

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next