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 : Trading the markets.....
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (2421)1/6/2001 11:14:52 PM
From: robert b furman  Read Replies (1) of 4583
 
Hi BIll,

I get the drift. You probably don't like to think of it this way but ole buddy - that is being a BTD'r.Welcomd aboard. Lets just ay your timing of the right dip is more refined.gggggg

I did have one question about your web site. In it you state the fed cut 3/4 of a point. I was wondering if perhaps you were confusing the 1/2 fed funds rate cut and the 1/4 fed discount rate cut followed by another 1/4 pointfed discount rate cut. In total it means a 1/2 point cut each for both rates.

The fed funds rate is a rate charged to banks that don't maintain the required minimum reserves.The fed discount rate is whatgets paid to banks on the minimum reserves,thus the 1/2 point penalty.

Of late the treasury's have yielded less than both,thus making the purchase of treasury's a loser.Banks would rather have cash at the fed or better yet in loans to companies/people.Thus the liquification of our economy.

Heck I'm preaching to the choir.I have over time enjoyed your steadfastness to your models.I have tried to beat them by buying the perfect bottom - cause sitting in cash is just so boring (and yes I know you can see your money increasing). But when this bad boy turns it will be fast and I'll be in at a low somewhere with the clock on for capital gains.It sounds sort of like the young bull and the old bull standing on top of the hill - doesn't it. HEHEHE

As always love your guidance and hope I might have helped on a misunderstanding. Maybe Mine???gggggg

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News