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.
Pastimes : Ask Mohan about the Market
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (6549)10/29/1997 12:02:00 PM
From: Joseph G.   of 18056
 
<<Do you think I am naive?>> No, but I do think they could have expected a reapeat of '87, if not worse, 26 hours ago, and very well could have made a decision to intervene. Like extremely often, immediate danger outweighs more distant potential problems, that's how people "make mistakes", which turn out to be mistakes later on, but at the time seem like a good idea.

And, I'm not so sure public would view Fed market support as a negative, they could get even more assured that market can go only up. It fits well with the prevalent publicity.

Joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News