VOLTAIRE'S PORCH-MODERATED 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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: edamo who wrote (25985)	12/19/2000 4:27:53 PM
From: locke_1	Read Replies (1) of 65232

Hi ed, I'm afraid the Fed just gave an all clear to the shorts... Unfortunate, but essentially they confirmed the worst fears of the market and then decided to do nothing about it... Much like firemen coming to a theater where someone yelled fire, confirming that there was a fire and then standing around twiddling their thumbs.... Someone, I think it was Battapaglia today was saying that the Fed cutting rates today might panic the market into thinking that things were worse than percieved... well this is worse I think... they confirmed that the economy is on the verge of tanking and then did nothing... no wonder the market reacted so terribly... Agree with you about the stocks that showed some strength... was watching INTC, CREE, QCOM, RMBS, TQNT etc... some held up fairly well till the last few minutes... Guess this is the begining of the panic? Regards...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next